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US: Strong big bank earnings lift Wall Street at open

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Published Fri, Jul 14, 2023 · 09:47 PM
    • The S&P 500 opened higher by 4.57 points, or 0.10 per cent, at 4,514.61, while the Nasdaq Composite gained 28.09 points, or 0.20 per cent, to 14,166.66 at the opening bell.
    • The S&P 500 opened higher by 4.57 points, or 0.10 per cent, at 4,514.61, while the Nasdaq Composite gained 28.09 points, or 0.20 per cent, to 14,166.66 at the opening bell. PHOTO: REUTERS

    WALL Street’s main indexes opened higher on Friday (Jul 14) after three of the country’s top lenders, including JPMorgan and Wells Fargo, commenced second-quarter earnings for big US banks on a strong note.

    The Dow Jones Industrial Average rose 30.19 points, or 0.09 per cent, at the open to 34,425.33.

    The S&P 500 opened higher by 4.57 points, or 0.10 per cent, at 4,514.61, while the Nasdaq Composite gained 28.09 points, or 0.20 per cent, to 14,166.66 at the opening bell. REUTERS

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