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Wall Street opens higher as December Fed rate-cut bets grow

BY Reuters | ECONOMIC | 11/26/25 09:35 AM EST

(Reuters) -Wall Street's main stock indexes opened higher on Wednesday, as investors parsed through a fresh batch of economic data and cemented expectations the Federal Reserve could cut interest rates in December.

The Dow Jones Industrial Average rose 83.7 points, or 0.18%, at the open to 47,196.15. The S&P 500 rose 27.7 points, or 0.41%, at the open to 6,793.55?, while the Nasdaq Composite rose 137.6 points, or 0.60%, to 23,163.194 at the opening bell.

(Reporting by Johann M Cherian in Bengaluru; Editing by Krishna Chandra Eluri)

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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