US: Wall St opens higher as growth stocks recover

Wall Street’s main indexes gained at the open on Wednesday (Mar 27) as chipmakers and growth stocks rebounded in light trading ahead of crucial economic data, commentary from the Federal Reserve’s policymakers and a long holiday weekend.

The Dow Jones Industrial Average rose 179.65 points, or 0.46 per cent, at the open to 39,461.98.

The S&P 500 opened higher by 22.73 points, or 0.44 per cent, at 5,226.31, while the Nasdaq Composite gained 109.06 points, or 0.67 per cent, to 16,424.76 at the opening bell. REUTERS