July 27, 2018 / 11:49 AM / in an hour

Wall Street opens higher on Amazon boost, GDP data

(Reuters) - U.S. stocks opened higher on Friday as Amazon’s upbeat earnings pushed consumer discretionary stocks higher and as data showed that the U.S. economy grew at its fastest pace in nearly four years.

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 24, 2018. REUTERS/Brendan McDermid

The S&P 500 opened 4.91 points higher, or 0.17 percent, at 2,842.35. The Nasdaq Composite gained 37.56 points, or 0.48 percent, to 7,889.75 at the opening bell.

The Dow Jones Industrial Average fell 6.55 points, or 0.03 percent, at the open to 25,520.52.

Reporting by Amy Caren Daniel in Bengaluru

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below