Wall Street key indices opened higher on Monday amid hopes that the US Federal Reserve could cut interest rates later this month following slowdown in labor market.
At the opening bell, the Dow Jones Industrial Average rose 29.8 points, or 0.07%, to 45,430.61. The S&P 500 rose 16.6 points, or 0.26%, to 6,498.09, while the Nasdaq Composite rose 105.8 points, or 0.49%, to 21,806.224.