US: Strong earnings boost Dow at the open
[NEW YORK] Strong earnings from IBM, United Technologies and Procter & Gamble boosted the Dow Jones Industrial Average at the open on Wednesday and propelled a rebound in US stocks from its second biggest decline in 2019.
The Dow Jones Industrial Average rose 172.77 points, or 0.71 per cent, at the open to 24,577.25. The S&P 500 opened higher by 10.58 points, or 0.40 per cent, at 2,643.48. The Nasdaq Composite gained 41.29 points, or 0.59 per cent, to 7,061.65 at the opening bell.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Asia: Stocks track another rally on Wall Street as US rate optimism lingers
Singapore shares rise at Tuesday’s open tracking global rally; STI up 0.2%
ETF popularity poised to stay as investors flock to diversification, stability
Stocks to watch: FLCT, Paragon Reit, AA Reit, Lendlease Global Reit, Far East Orchard, SIA
Europe: Shares close at highest in a week; Indra surges
US: Stocks rise again, extending rally