June 20 (Reuters) - The S&P 500 hit a record intraday high
soon after the market opened on Thursday as investors took
comfort from signs that the Federal Reserve could cut interest
rates as soon as next month to counter growing risks to global
and domestic growth.
The Dow Jones Industrial Average .DJI rose 161.38 points,
or 0.61%, at the open to 26,665.38. The S&P 500 .SPX opened
higher by 23.14 points, or 0.79%, at 2,949.60. The Nasdaq
Composite .IXIC gained 100.12 points, or 1.25%, to 8,087.45 at
the opening bell.