Wall Street opens higher on strong earnings


Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 30, 2018. REUTERS/Brendan McDermid

(Reuters) – U.S. stocks opened higher on Wednesday and were set for a second day of gains at the end of a brutal month, as Facebook led a slew of encouraging earnings reports.

The Dow Jones Industrial Average .DJI rose 134.18 points, or 0.54 percent, at the open to 25,008.82.

The S&P 500 .SPX opened higher by 22.97 points, or 0.86 percent, at 2,705.60. The Nasdaq Composite .IXIC gained 114.97 points, or 1.61 percent, to 7,276.62 at the opening bell.

Reporting by Shreyashi Sanyal in Bengaluru; Editing by Arun Koyyur

Articles You May Like

India’s RCom jumps after Mukesh Ambani bails out brother Anil on Ericsson dues
Bayer CEO says his team retains backing of supervisory board: report
Samsung Electronics sees tough 2019 for component business: CEO
Bring a hankie – heartwarming ‘Dumbo’ movie may also bring tears
Trump says he does not mind if public sees Mueller’s Russia probe report

Leave a Reply

Your email address will not be published. Required fields are marked *