US: Wall St opens higher as retail, tech stocks gain
[NEW YORK] US stocks opened higher on Monday, as optimism of a robust holiday season powered gains in shares of retailers and technology stocks bounced back after a brutal sell-off last week.
The Dow Jones Industrial Average rose 78.18 points, or 0.32 per cent, at the open to 24,364.13.
The S&P 500 opened higher by 17.41 points, or 0.66 per cent, at 2,649.97. The Nasdaq Composite gained 87.51 points, or 1.26 per cent, to 7,026.50 at the opening bell.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Vietnam delays launch of new stock trading system
Hong Kong bourse regains favour on hopes of a market revival
Asia: Markets rise as strong US tech earnings offset poor data
Singapore shares open lower on Friday; STI down 0.1%
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard