US: Wall St opens higher on earnings boost; supply chain worries linger

Published Wed, Oct 20, 2021 · 01:46 PM

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[NEW YORK] US stock indexes opened higher on Wednesday, helped by strong quarterly updates from companies including Anthem and Verizon, although worries about impact of supply chain constraints and inflation on corporate earnings capped gains.

The Dow Jones Industrial Average rose 17.85 points or 0.05 per cent, at the open to 35,475.16. The S&P 500 opened higher by 4.79 points or 0.11 per cent at 4,524.42 while the Nasdaq Composite gained 30.91 points or 0.20 per cent to 15,160.00 at the opening bell.

REUTERS

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