In association with

S&P, Nasdaq open at record highs after Fed minutes | Reuters

The S&P 500 and Nasdaq Composite opened at record highs on Thursday after minutes of the Federal Reserve's latest meeting showed policymakers expected the economy to pick up momentum and that they would raise interest rates soon.

The Dow Jones Industrial Average rose 50.69 points, or 0.24 percent, to 21,063.11 and the S&P 500 gained 4.45 points, or 0.18 percent, to 2,408.84. The Nasdaq Composite added 19.02 points, or 0.31 percent, to 6,182.04.

(Reporting by Tanya Agrawal in Bengaluru; Editing by Savio D'Souza)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Published Date: May 25, 2017 22:02 PM | Updated Date: May 25, 2017 22:02 PM

Also See