Home / Market Update / Global Stock Market / Wall Street Opens Higher On Strong Major Tech Stocks

Wall Street Opens Higher On Strong Major Tech Stocks

US stocks opened higher, buoyed by heavyweight tech stocks, as quarterly results exceeding expectations for Oracle confirmed the robustness of technology-related companies during the Coronavirus crisis.

The Dow Jones Industrial Average rose 79.28 points, or 0.29%, to 27,613.86 points.

The Standard & Poor’s 500 Index opened, up 13.51 points, or 0.40%, to 3,352.70 points, and the Nasdaq Composite Index gained 90.47 points, or 0.83%, to 11,010.07 points.

Check Also

Japanese Yen Slides Toward 40-Year Lows as Markets Doubt Immediate Government Action

The Japanese Yen came under renewed selling pressure at the start of the week, pushing …