US: Wall Street opens higher on banks, energy boost

[NEW YORK] Wall Street's main indexes opened higher on Monday after declining sharply last week on Omicron and taper fears, with investors favouring banks, energy and economy-linked stocks against technology and growth-heavy shares.

The Dow Jones Industrial Average rose 53.35 points, or 0.15 per cent, at the open to 34,633.43.

The S&P 500 opened higher by 9.94 points, or 0.22 per cent, at 4,548.37, while the Nasdaq Composite gained 32.16 points, or 0.21 per cent, to 15,117.63 at the opening bell.

REUTERS