Business Standard

Wall Street's main indices gain at open as higher oil drives energy stocks

Investors also geared up for key inflation readings later this week

coronavirus, wall street, markets

Reuters

Wall Street's main indexes opened higher on Monday as higher oil prices lifted energy stocks, while investors geared up for key inflation readings later this week.

The Dow Jones Industrial Average rose 46.0 points, or 0.13%, at the open to 34253.87. The S&P 500 rose 14.3 points, or 0.34%, at the open to 4170.16​, while the Nasdaq Composite rose 86.2 points, or 0.64%, to 13557.212 at the opening bell.

 

(Reporting by Shashank Nayar in Bengaluru; Editing by Maju Samuel)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: May 24 2021 | 7:43 PM IST

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