Monday, 8 Jul 2024

Wall Street opens higher as bank stocks, Nike gain

FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 21, 2022. REUTERS/Brendan McDermid

(Reuters) – Wall Street’s main indexes opened higher on Tuesday, as bank shares gained on growing bets of aggressive interest rate increases by the Federal Reserve and sportswear maker Nike rose after upbeat quarterly results.

The Dow Jones Industrial Average rose 30.25 points, or 0.09%, at the open to 34,583.24.

The S&P 500 opened higher by 7.92 points, or 0.18%, at 4,469.10, while the Nasdaq Composite gained 27.97 points, or 0.20%, to 13,866.43 at the opening bell.

Source: Read Full Article

Related Posts