Wall Street climbs as August opens up

US stock indices rose as August opened up, while still buoyed from the recent powerful gains in July. 

Markets are continuously assessing the Federal Reserve's decision last week to hike rates by 75 basis points to less than 2.50%. 

Dow Jones rose 0.1% to 32,848 as of 14:46 GMT, while S&P 500 climbed 0.1% to 4,134, while NASDAQ gained 0.5% to 12,458.