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    #1

    The local share market is poised to open

    Is this sentence correct? I don't understand the structure, part of speech and the meaning of the bold section! (This sentence belongs to the News)

    The local share market is poised to open higher as investors embrace the Fed's new world view

  1. MikeNewYork's Avatar
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    #2

    Re: The local share market is poised to open

    Quote Originally Posted by Freeguy View Post
    Is this sentence correct? I don't understand the structure, part of speech and the meaning of the bold section! (This sentence belongs to the News)

    The local share market is poised to open higher as investors embrace the Fed's new world view
    Because investors approve of the policy of the Federal Reserve, the market is expected to rise.

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    #3

    Re: The local share market is poised to open

    Quote Originally Posted by MikeNewYork View Post
    Because investors approve of the policy of the Federal Reserve, the market is expected to rise.
    Don't we need to use a noun after "higher" ? Does "as" mean "because" here?

  2. Matthew Wai's Avatar
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    #4

    Re: The local share market is poised to open

    Does "the market will open higher" mean "the market will open at higher prices"?

  3. Amigos4's Avatar
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    #5

    Re: The local share market is poised to open

    Quote Originally Posted by Matthew Wai View Post
    Does "the market will open higher" mean "the market will open at higher prices"?
    Yes! Investors can expect to pay more for securities when the stock market opens "higher".

  4. Amigos4's Avatar
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    #6

    Re: The local share market is poised to open

    Quote Originally Posted by Freeguy View Post
    Don't we need to use a noun after "higher" ? What noun do you think should be used after "higher"?

    Does "as" mean "because" here? Please review Mike's response. He answered your question before you asked it! "Because investors approve of the policy..."
    `

  5. Matthew Wai's Avatar
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    #7

    Re: The local share market is poised to open

    Quote Originally Posted by Freeguy View Post
    Don't we need to use a noun after "higher" ?
    I guess no noun is needed after "open higher", as no noun is needed after "jump higher".

    Not a teacher.

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    #8

    Re: The local share market is poised to open

    Quote Originally Posted by Matthew Wai View Post
    I guess no noun is needed after "open higher", as no noun is needed after "jump higher".
    Right. 'Higher' functions as an adverb here.

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