Wall Street opens sharply higher as technology, growth stocks rebound
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TUESDAY, JULY 05, 2022
Wall Street opens sharply higher as technology, growth stocks rebound

Global Economy

Reuters
17 May, 2022, 07:45 pm
Last modified: 17 May, 2022, 07:47 pm

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Wall Street opens sharply higher as technology, growth stocks rebound

Reuters
17 May, 2022, 07:45 pm
Last modified: 17 May, 2022, 07:47 pm
Wall Street. Photo :Reuters
Wall Street. Photo :Reuters

Wall Street's main indexes opened higher on Tuesday, as solid retail sales data and a clutch of strong forecasts added to an upbeat global mood driven by hopes of easing crackdown on tech firms and Covid-19 in China.

The Dow Jones Industrial Average rose 203.58 points, or 0.63%, at the open to 32,427.00.

The S&P 500 opened higher by 43.99 points, or 1.10%, at 4,052.00, while the Nasdaq Composite gained 242.78 points, or 2.08%, to 11,905.57 at the opening bell.

Top News / World+Biz

Wall Street / stocks

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