Wall Street dawned with optimism, with investors betting on an early conclusion to the Fed’s rate hikes

Thursday brought positive news for Wall Street as the main indexes opened higher. Investors were hopeful that the U.S. Federal Reserve’s tightening campaign had come to an end, which contributed to the bullish sentiment. Additionally, a series of positive corporate updates further boosted market confidence.

At the open, the Dow Jones Industrial Average saw an increase of 183.24 points or 0.55 percent, reaching 33,457.82. The S&P 500 also started positively, rising by 30.40 points or 0.72 percent to 4,268.26. The Nasdaq Composite showed significant gains, gaining 169.02 points or 1.29 percent, reaching 13,230.49 as the opening bell rang.