Business Standard

Wall Street opens higher as tech stocks bounce back

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Reuters

(Reuters) - U.S. stocks rose at the open with the S&P 500 hitting a record high on Thursday, helped by a bounce back in technology stocks and relief that fresh U.S. and China tariffs were less damaging than feared.

The Dow Jones Industrial Average rose 113.63 points, or 0.43 percent, at the open to 26,519.39. The S&P 500 opened higher by 11.78 points, or 0.41 percent, at 2,919.73. The Nasdaq Composite gained 43.49 points, or 0.55 percent, to 7,993.53 at the opening bell.

(Reporting by Shreyashi Sanyal in Bengaluru; Editing by Arun Koyyur)

(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: Sep 20 2018 | 7:13 PM IST

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