US stocks open higher on megacap rally

US stocks opened higher on Friday on megacaps' boost after robust quarterly results from Alphabet pushed its market value over $2 trillion while an in-line reading for a key inflation print calmed jitters around elevated interest rates.

The Dow Jones Industrial Average rose 28.9 points, or 0.08%, at the open to 38,114.7. The S&P 500 rose 36.2 points, or 0.72%, at the open to 5,084.65, while the Nasdaq Composite rose 209.6 points, or 1.34%, to 15,821.335 at the opening bell.

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