US: Wall St opens higher as some chip stocks bounce back after selloff
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WALL Street’s main indexes opened higher on Thursday (Apr 18) as some chip stocks rebounded, while investors digested commentary from Federal Reserve officials to ascertain the outlook for interest-rate cuts.
The Dow Jones Industrial Average rose 93.90 points, or 0.25 per cent, at the open to 37,847.21.
The S&P 500 opened higher by 9.31 points, or 0.19 per cent, at 5,031.52, while the Nasdaq Composite gained 22.32 points, or 0.14 per cent, to 15,705.70 at the opening bell. REUTERS
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