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Wall St opens higher as rate-cut hopes drive momentum

(Reuters) – Wall Street's main indexes opened higher on Friday as optimism about an imminent interest-rate cut by the Federal Reserve boosted sentiment in the final trading session of a week that saw volatility due to the U.S. government shutdown. The Dow Jones Industrial Average rose 64.2 points, or 0.14%, at the open to 46,583.95. The S&P 500 rose 6.8 points, or 0.10%, at the open to 6,722.14​, while the Nasdaq Composite rose 42.1 points, or 0.18%, to 22,886.157. (Reporting by Niket Nishant and Sukriti Gupta in Bengaluru; Editing by Pooja Desai)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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