US opens mixed-to-higher ahead of economic reports

Wednesday, 07. July 2021 15:30

Major stock markets in the United States opened mixed-to-higher on Wednesday ahead of the latest update on job openings in the country. Later in the day, the Federal Reserve will present its newest Monetary Policy Reports and hold a meeting of its Federal Open Market Committee (FOMC).

Earlier, the International Monetary Fund warned that increasing inflation in the US could cause a rise in interest rates earlier than expected.

The Dow Jones stood flat at the opening. On the other hand, the Nasdaq 100 advanced by 0.65% as Cadence Design Systems Inc. gained 1.09%. The S&P 500 went up by 0.21%, with Generac Holdings Inc. growing by 2.00%. Both latter indexes opened at an all-time high. The euro lost 0.10% to the dollar to sell for $1.18120 at 9:27 am ET.

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Author:
Breaking the News / JR