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US: Wall St opens higher after strong GDP data; Tesla slides on growth warning

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Published Thu, Jan 25, 2024 · 10:45 PM
    • The Dow Jones Industrial Average rises 56.18 points, or 0.15 per cent, at the open to 37,862.57.
    • The Dow Jones Industrial Average rises 56.18 points, or 0.15 per cent, at the open to 37,862.57. PHOTO: REUTERS

    WALL Street’s main indexes opened higher on Thursday (Jan 25) after a strong economic growth print boosted hopes of a likely soft landing, while Tesla sank on warning of slower growth.

    The Dow Jones Industrial Average rose 56.18 points, or 0.15 per cent, at the open to 37,862.57.

    The S&P 500 opened higher by 18.11 points, or 0.37 per cent, at 4,886.66, while the Nasdaq Composite gained 73.70 points, or 0.48 per cent, to 15,555.62 at the opening bell. REUTERS

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