You are here

US: Wall Street opens higher on strong earnings, soft dollar

[NEW YORK] Wall Street's main indexes opened higher on Friday as gains in Intel and AbbVie following strong earnings and a slide in dollar helped investors look past weaker-than-expected US economic growth data.

The Dow Jones Industrial Average rose 52.02 points, or 0.2 per cent, to 26,444.81. The S&P 500 gained 8.3 points, or 0.29 per cent, to 2,847.55. The Nasdaq Composite added 33.94 points, or 0.46 per cent, to 7,445.11.


BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to