Wall Street opens mostly higher

Economies.com
2017-12-12 15:35PM UTC

US stock indices opened the second session of the week mixed, after earlier data showed producer prices steadied at 0.4% as expected, while core prices slowed down to 0.3%. 

 

Now markets look upon the FOMC's last 2017 meeting today and tomorrow, with policymakers expected to unveil their three-year forecasts for inflation, growth, unemployment, and interest rates, while expected to also hike rates by 25 basis points for the third time this year. 

 

As of 04:33 GMT, Standard and Poor's 500 rose 0.12%, or 3.21 points to 2,663.20, while Dow Jones added 0.41%, or 98.88 points to 23,484.91. 

 

Tech-heavy NASDAQ dipped 0.08%, or 5.06 points to 6,870.02. 

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