Major stock market indexes in the United States opened higher on Thursday, continuing the previous day's rally that followed the Federal Reserve's decision to keep the key interest rate steady between 5.25% and 5.50%. Later, FedEx Corporation and Nike Inc. will reveal their latest earnings results.
The Dow Jones Industrial Average increased by 0.31% or 124 points as Intel Corporation jumped by 1.90% at 9:31 am ET. The Nasdaq 100 rose by 1.07% or 196 points. The S&P 500 advanced by 0.50%. Micron Technology Inc. was the best performer on the latter two indexes, soaring by 17.40%
The euro lost 0.24% to the dollar at 9:29 am ET to sell for $1.08958.
