June 4, 2019 / 1:41 PM / 14 days ago

US STOCKS SNAPSHOT-Wall St opens higher on rate cut hopes

June 4 (Reuters) - U.S. stocks opened higher on Tuesday after a senior Federal Reserve official pointed the way to a cut in interest rates in response to slowing economic growth.

The Dow Jones Industrial Average rose 143.04 points, or 0.58%, at the open to 24,962.82. The S&P 500 opened higher by 18.19 points, or 0.66%, at 2,762.64. The Nasdaq Composite gained 80.92 points, or 1.10%, to 7,413.94 at the opening bell, a day after it confirmed correction territory. (Reporting by Amy Caren Daniel in Bengaluru; Editing by Anil D’Silva)

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