financetom
Market
financetom
/
Market
/
US STOCKS SNAPSHOT-Wall St opens higher as tech stocks surge
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US STOCKS SNAPSHOT-Wall St opens higher as tech stocks surge
Aug 7, 2024 7:10 AM

Aug 7 (Reuters) - Wall Street's main indexes opened

higher on Wednesday as technology stocks gained after Japan's

top policymaker calmed investor worries over interest rates

after a surprise hike last week partly set off heavy volatility

in global markets.

The Dow Jones Industrial Average rose 232.4 points,

or 0.60%, at the open to 39,230.09.

The S&P 500 rose 53.1 points, or 1.01%, at the open

to 5,293.13, while the Nasdaq Composite rose 255.5

points, or 1.56%, to 16,622.31 at the opening bell.

(Reporting by Shubham Batra in Bengaluru; Editing by Shinjini

Ganguli)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2025 - www.financetom.com All Rights Reserved