Salem Radio Network News Wednesday, July 8, 2026

Business

Wall St opens higher as chip shares recover

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July 6 (Reuters) – Wall Street’s main indexes opened higher on Monday, extending last week’s rally as chip stocks rebounded, while investors looked ahead to central bank minutes and the start of the second-quarter earnings season later in the week.

The Dow Jones Industrial Average fell 71.6 points, or 0.14%, at the open to 52828.45. The S&P 500 rose 23.7 points, or 0.32%, at the open to 7506.96​, while the Nasdaq Composite rose 166.9 points, or 0.65%, to 25999.608 at the opening bell.

(Reporting by Ragini Mathur in Bengaluru; Editing by Pooja Desai)

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