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At the opening, the Dow Jones index rose 0.24 percent to 42,477.51 points. At the same time, the S&P 500 index rose 0.29 percent to 5,826.75 points, while the Nasdaq index gained 0.53 percent to 18,512.58 points.
While investors were looking for more clues about the US Federal Reserve’s (Fed) interest rate cuts, stock Markets displayed a positive outlook at the opening.
DECLINE IN DURABLE GOODS ORDERS
Durable goods orders, an important indicator in terms of macroeconomic data, is a parameter that affects industrial production in the US. In September, a 0.8 percent decrease was observed in durable goods orders. In addition, it was reported that the 10-year treasury bond interest rate in the country fell to 4.18 percent.
