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Wall street opens on a positive note: Dow Jones surges 200 pts, S&P 500 and NASDAQ 100 rise 0.4%; Anthropic files for IPO

Wall street opens on a positive note: Dow Jones surges 200 pts, S&P 500 and NASDAQ 100 rise 0.4%; Anthropic files for IPO

Photo: Upstox

The CME FedWatch tool now shows a 90% probability of a status quo, keeping the policy rates unchanged at 3.75% to 4.00% at the October policy meeting. However, Federal Reserve Chairman Kevin Warsh previously said that the central bank remains committed to bringing inflation lower. The US stock market indices opened in the green on Monday and started the week on a positive note. The benchmark indices closed the previous week largely in losses amid the sharp selloff in AI stocks. Meanwhile, investors are also waiting for the Federal Reserve’s policy decision to be announced on Wednesday. {{ODA\_BANNER}} During Monday’s regular trading session, the Dow Jones surged the most by over 200 points or 0.4%, followed by the S\&P 500 at 0.4%, and the NASDAQ 100 surged 0.4%.

First reported by Upstox. This page is a short excerpt; the full text is theirs.

Read the full story at Upstox

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