US STOCKS SNAPSHOT-Wall St opens higher as AI boom, rate cuts power bull run in 2024
ReutersDec 31, 2024 2:33 PM
Dec 31 (Reuters) - Wall Street's main indexes opened higher in the final trading session of 2024, extending its bull rally from more than two years ago on signs of a post-pandemic economic resilience, hopes of lower borrowing costs and AI boost.
The Dow Jones Industrial Average .DJI rose 63.0 points, or 0.15%, at the open to 42,636.7. The S&P 500 .SPX rose 12.8 points, or 0.22%, at the open to 5,919.74, while the Nasdaq Composite .IXIC rose 64.6 points, or 0.33%, to 19,551.358 at the opening bell.
(Reporting by Johann M Cherian in Bengaluru; Editing by Arun Koyyur)
((johann.mcherian@thomsonreuters.com;))
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