US: Wall St opens higher on tech boost, focus turns to earnings

Published Tue, Oct 12, 2021 · 02:01 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

[NEW YORK] Wall Street's main indices opened higher on Tuesday, led by technology shares, although the overall sentiment remained fragile due to worries about higher inflation and its impact on third-quarter earnings starting this week.

The Dow Jones Industrial Average rose 11.09 points, or 0.03 per cent, at the open to 34,507.15.

The S&P 500 opened higher by 7.12 points, or 0.16 per cent, at 4,368.31, while the Nasdaq Composite gained 52.89 points, or 0.37 per cent, to 14,539.09 at the opening bell.

REUTERS

Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

Copyright SPH Media. All rights reserved.