13 Mar 2018

Wall Street opens higher

(Reuters) – Wall Street’s main indexes opened higher on Tuesday as a decline in expectations for the pace of interest rate rises outweighed news of Rex Tillerson’s ouster as U.S. Secretary of State.

Traders work on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., March 2, 2018. REUTERS/Andrew Kelly

The Dow Jones Industrial Average .DJI was up 0.42 percent at 25,283.69. The S&P 500 .SPX gained 12.06 points, or 0.43 percent, to 2,795.08. The Nasdaq Composite .IXIC rose 0.5 percent at 7,625.91.

Reporting by Sruthi Shankar in Bengaluru; Editing by Arun Koyyur

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