Wall Street climbs modestly at the open
2017-03-20 15:50:32 GMT (Economies.com)
Wall Street climbs modestly at the open

U.S. stock indices rose modestly on Monday amid ongoing wavering in the markets since the Federal Reserve's rate hike decision, with tech shares leading the way higher, while the British Government announced the start of the exit process from the European Union next week. 

 

Tech stocks led the charge on short-covering ahead of speeches by Fed officials today, as investors try to discern the future of monetary policy and the timeline of the next rate hike. 

 

Banking, energy shares dipped as crude prices waver, while the Fed asserts the gradual approach for tightening policy, dampening the appetite for baking deposits. 

 

The dollar kept falling against an array of major currencies today, underpinning stocks of American exporters on Wall Street. 

 

Standard and Poor's 500 rose 0.04%, or 1.02 points to 2,379.27, while Dow Jones added 0.17%, or 35.96 points to 20,950.58.

 

Tech-heavy NASDAQ Composite climbed 0.16%, or 9.48 points to 5,910.48. 

 
 
 
  Symbol Last Change Chg.%
1.1405
0.0026
0.2245%
1.2970
0.0045
0.3466%
16.779
-0.029
0.172%
45.245
0.360
0.802%
47.95
0.58
1.22%
1245.215
-3.995
0.320%