US markets today: Wall Street opens higher as rate-cut hopes rise; holiday-shortened week keeps traders cautious

US stocks opened higher on Monday, with the S&P 500, Dow Jones, and Nasdaq all advancing. This positive sentiment is driven by expectations of a December Federal Reserve rate cut, overshadowing a setback for Novo Nordisk's Alzheimer's drug. Investors are now focusing on consumer strength entering the holiday season.

US markets today: Wall Street opens higher as rate-cut hopes rise; holiday-shortened week keeps traders cautious
US stocks opened higher on Monday, with the S&P 500, Dow Jones, and Nasdaq all advancing. This positive sentiment is driven by expectations of a December Federal Reserve rate cut, overshadowing a setback for Novo Nordisk's Alzheimer's drug. Investors are now focusing on consumer strength entering the holiday season.