Wall St opens higher as tech stocks gain; investors weigh Middle East conflict
Add BT as a preferred source
[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
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
GovTech retrenches 93 staff in first phase of agency’s 2-year workforce transformation
A new kind of ‘ceasefire’ between US and Iran where talks, strikes are part of the same process
Department store heir to outback cattleman: Inside Bruce Cheung’s US$130m wagyu gamble
Early payout from Philippines’ Maharlika Investment Fund raises eyebrows over its true nature
