Wall St. opens higher on energy gains, rate cut hopes

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U.S. stocks opened higher on Thursday, led by gains in energy shares, with hopes of an interest rate cut adding to the upbeat mood.

AdvertisementThe S&P 500 opened higher by 6.40 points, or 0.22per cent, at 2,886.24. The Nasdaq Composite gained 29.84 points, or 0.38per cent, to 7,822.56 at the opening bell.

 

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