US stock indexes open with Dow up, S&P & Nasdaq down, influenced by Fed interest rate expectations and Tesla shares.

On Friday, U.S. stock indexes opened with mixed results. The Dow Jones Industrial Average rose by 0.13% to 42,507.53, buoyed by optimism about a potential 25-basis-point interest rate cut by the Federal Reserve in November. In contrast, the S&P 500 fell 0.09% to 5,775.09, and the Nasdaq dropped 0.35% to 18,217.734, negatively impacted by declining Tesla shares. Market movements were influenced by recent producer price data.

October 11, 2024
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