US: Wall St opens higher; Citi shines after results

Wall Street’s main indexes opened higher on Friday (Jul 15) as upbeat retail sales data allayed some concerns about an economic slowdown, while shares of Citigroup surged after quarterly results.

The Dow Jones Industrial Average rose 145.20 points or 0.47 per cent at the open to 30,775.37.

The S&P 500 opened higher by 27.62 points or 0.73 per cent at 3,818.00, while the Nasdaq Composite gained 128.18 points or 1.14 per cent to 11,379.36 at the opening bell. REUTERS