Wall St opens steady ahead of SK Hynix listing; Middle East in focus
[NEW YORK] Wall Street indexes steadied at open on Friday (Jul 10), as investors awaited the highly anticipated Nasdaq debut of South Korean chip bellwether SK Hynix, while the latest escalations in the Middle East conflict fanned fears of inflation.
The Dow Jones Industrial Average rose 135.5 points, or 0.26 per cent, at the open to 52,622.92.
The S&P 500 rose 4.0 points, or 0.05 per cent, at the open to 7,547.64, while the Nasdaq Composite dropped 31.4 points, or 0.12 per cent, to 26,175.535 at the opening bell. REUTERS
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