Business Standard

Wall Street opens higher; GDP tops estimate

Dow Jones industrial average was up 51.67 points, or 0.3%, at 17,303.29

A Wall Street sign is pictured in the rain outside the New York Stock Exchange in New York.

A Wall Street sign is pictured in the rain outside the New York Stock Exchange in New York.

Reuters

US stocks opened higher on Tuesday as third-quarter GDP growth was above expectations and crude oil prices edged up from multi-year lows.

At 9:30 a.m. ET the Dow Jones industrial average was up 51.67 points, or 0.3%, at 17,303.29, the S&P 500 was up 7.13 points, or 0.35%, at 2,028.28 and the Nasdaq Composite index was up 20.31 points, or 0.41%, at 4,989.23.

 

 

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First Published: Dec 22 2015 | 8:18 PM IST

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