Wall Street’s main indexes opened higher on Friday (Jul 26), with the Nasdaq taking the lead as most megacap tech and chip stocks recovered from the week’s pummelling and a largely in-line key inflation reading kept rate-cut bets intact.
The Dow Jones Industrial Average rose 205.79 points, or 0.52 per cent, at the open to 40,140.86.
The S&P 500 opened higher by 34.45 points, or 0.64 per cent, at 5,433.67, while the Nasdaq Composite gained 150.22 points, or 0.87 per cent, to 17,331.95 at the opening bell. REUTERS
