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.

Reuters May 25, 2017 22:02:47 IST
S&P, Nasdaq open at record highs after Fed minutes
| Reuters

SP 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)

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