Wall St opens higher as inflation fears ease By Reuters


© Reuters. FILE PHOTO: A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 22, 2022. REUTERS/Brendan McDermid

(Reuters) – Wall Street’s main indexes opened higher on Monday after a slide in commodity prices allayed concerns on inflation and raised expectations of the Federal Reserve going moderate with its aggressive policy tightening.

The rose 32.92 points, or 0.10%, at the open to 31,533.60. The opened higher by 9.02 points, or 0.23%, at 3,920.76, while the gained 53.40 points, or 0.46%, to 11,661.02 at the opening bell.

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