US: Wall Street opens higher as bank stocks, Nike gain

[NEW YORK] Wall Street's main indexes opened higher on Tuesday, as bank shares gained on growing bets of aggressive interest rate increases by the Federal Reserve and sportswear maker Nike rose after upbeat quarterly results.

The Dow Jones Industrial Average rose 30.25 points or 0.09 per cent at the open to 34,583.24.

The S&P 500 opened higher by 7.92 points or 0.18 per cent at 4,469.10, while the Nasdaq Composite gained 27.97 points or 0.20 per cent to 13,866.43 at the opening bell. REUTERS