US: Wall St opens higher on megacap boost

WALL Street’s main indexes opened higher on Wednesday (Nov 8), with megacap growth stocks providing a boost as markets assessed a slew of comments from Federal Reserve officials to gauge the outlook for interest rates,

The Dow Jones Industrial Average rose 33.32 points, or 0.10 per cent, at the open to 34,185.92.

The S&P 500 opened higher by 5.99 points, or 0.14 per cent, at 4,384.37, while the Nasdaq Composite gained 20.36 points, or 0.15 per cent, to 13,660.22 at the opening bell. REUTERS