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Wall Street opens higher on Amazon boost, GDP data

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Reuters
Last Updated : Jul 27 2018 | 7:15 PM IST

(Reuters) - U.S. stocks opened higher on Friday as Amazon's upbeat earnings pushed consumer discretionary stocks higher and as data showed that the U.S. economy grew at its fastest pace in nearly four years.

The S&P 500 opened 4.91 points higher, or 0.17 percent, at 2,842.35. The Nasdaq Composite gained 37.56 points, or 0.48 percent, to 7,889.75 at the opening bell.

The Dow Jones Industrial Average fell 6.55 points, or 0.03 percent, at the open to 25,520.52.

(Reporting by Amy Caren Daniel in Bengaluru)

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Jul 27 2018 | 7:08 PM IST

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