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

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