Home / Market Update / Global Stock Market / Wall Street Opens Higher After Strong Results

Wall Street Opens Higher After Strong Results

Major US stock indexes opened higher on Wednesday, with renewed optimism about the health of the US corporate sector after strong quarterly results from companies such as Johnson & Johnson and Coca-Cola.

The Dow Jones Industrial Average rose 45 points, or 0.13 percent, to 34,556.96 points, the S&P 500 index increased by 8.1 points, or 0.19 percent, to 4,331.13 points, and the Nasdaq Composite Index rose 9.9 points, or 0.07 percent, to 14,508.747 points.

Check Also

Semi-Annual Policy Report: Fed needs greater confidence before moving to rate cuts

In its Semi-Annual Monetary Policy Report published on Friday, the Federal Reserve (Fed) noted that …