Wall St opens higher as investors mull Fed rate cuts

Wall Street's main indexes opened slightly higher on Thursday as investors parsed a fresh batch of labor market data to gauge the odds of a much-anticipated Federal Reserve interest rate cut when it meets next week.

The Dow Jones Industrial Average rose 5.3 points, or 0.01 percent, at the open to 47,888.16. The S&P 500 rose 16.8 points, or 0.24 percent, at the open to 6,866.47, while the Nasdaq Composite rose 73.2 points, or 0.31 percent, to 23,527.296 at the opening bell.

REUTERS