US stocks open higher on strong Nike earnings

US stocks open higher on strong Nike earnings
Reuters
Rate Story
Share
Font Size
Save
Comment
Synopsis

The Dow Jones Industrial Average rose 178.35 points, or 0.54%, at the open to 33,028.09

Reuters
File photo of the Nasdaq logo ondisplay at Times Square in New York City
Wall Street's main stock indexes opened higher on Wednesday as Nike brought cheer to markets with its better-than-expected results, while investors awaited more economic data for hints on the path of future interest rate hikes.

The Dow Jones Industrial Average rose 178.35 points, or 0.54%, at the open to 33,028.09. The S&P 500 opened higher by 17.87 points, or 0.47%, at 3,839.49, while the Nasdaq Composite gained 44.89 points, or 0.43%, to 10,592.00 at the opening bell.

More to come...

Experience Your Economic Times Newspaper, The Digital Way!

Read More News on

(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

...more
Pick the best stocks for yourself
Powered by