Wall St opens higher as tech stocks gain; investors weigh Middle East conflict

[NEW YORK] Wall Street’s main indexes opened higher on Monday (Mar 16) with shares of Meta among the top gainers after a report said the megacap was prepping for sweeping AI-related layoffs, even as elevated crude prices due to the raging Middle East conflict kept risk-taking in check.

The Dow Jones Industrial Average rose 148.9 points, or 0.32 per cent, at the open to 46,707.4.

The S&P 500 rose 42.2 points, or 0.64 per cent, to 6,674.37​, while the Nasdaq Composite rose 235.0 points, or 1.06 per cent, to 22,340.388. REUTERS