Wall Street opens mostly higher

Economies.com
2018-11-14 15:37PM UTC

US stock indices opened the third session of the week mostly higher after a string of truly negative sessions, following earlier inflation data today. 

 

Earlier US data showed consumer prices rose 0.3% m/m in October as expected, above September's 0.1% increase. 

 

Core prices, excluding food and fuel, rose 0.2% as expected as well, above September's 0.1% increase. 

 

On a yearly basis, prices rose 2.5% as expected, while core prices rose 2.1%, slowing down from 2.2%. 

 

Otherwise, Federal Reserve Governor Randal Quarles is due to testify on banking supervision and regulation before the House Financial Services Committee, in Washington DC, later today. 

 

Stock Performance

 

As of 03:26 GMT, Standard and Poor's 500 rose 0.21%, or 5.81 points to 2,727.99, while Dow Jones added 0.18%, or 46.00 points to 25,332.49. 

 

Tech-heavy NASDAQ barely inched up 0.04%, or 2.86 points to 7,203.74. 

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