Wall Street Opens Higher in Modest Rebound; Dow up 60 Pts By Investing.com
© Reuters.
By Geoffrey Smith
Investing.com — U.S. stock markets opened higher on Wednesday, in a modest rebound from their worst one-day loss in months on Tuesday.
However, the early bounce was less vigorous than the overnight rebound in index futures had indicated, suggesting that market participants remain essentially cautious, if not outright bearish, as the political theater in Washington DC over the federal government debt ceiling approaches its ritual climax.
By 9:40 AM ET (1340 GMT), the was up 66 points, or 0.2%, at 34,366 points. The was up 0.3% and the was up 0.3%.
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