Nasdaq Opens Higher on Cautious Market Mood

The Nasdaq Composite index opened higher on Friday, climbing 48.1 points to 26,851.148 as investors assessed fresh economic data and Federal Reserve interest-rate expectations.

A potential shift toward lower borrowing costs could support valuations for technology and growth stocks, while stronger economic data or persistent inflation could reinforce expectations that rates will remain elevated for longer.

The company Reddit emerged as one of the major individual-stock movers in the broader US market after its selection for inclusion in the S&P 500. Its shares jumped around 15% at the Wall Street open to approximately $181.70, reflecting broader investor interest in technology, digital advertising and social-media stocks.