US: Wall Street opens higher as financials lead

[BENGALURU] US stocks opened higher on Friday with the Dow ending its 8-day losing streak as bank stocks gained after passing the Federal Reserve's annual regulatory stress test.

The Dow Jones Industrial Average rose 65.27 points, or 0.27 per cent, at the open to 24,526.97.

The S&P 500 opened higher by 11.03 points, or 0.4 per cent, at 2,760.79. The Nasdaq Composite gained 26.74 points, or 0.35 per cent, to 7,739.69 at the opening bell.

REUTERS

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes