US stocks edge higher at open after PPI data; investors await Fed chair Powell's comments on rate outlook
- Posted on November 14, 2024
- By Business News Today
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US stocks edge higher at open after PPI data; investors await Fed chair Powell's comments on rate outlook
Wall Street's main indexes edged higher at the open on Thursday after a broadly in line reading of producer prices data, with investors awaiting Federal Reserve Chair Jerome Powell's comments later in the day for clues on the outlook for interest rates.