Aug 3 (Reuters) – Main U.S. stock indexes opened higher on Monday as signs of de-escalating tensions in the Middle East dragged down crude prices, while investors prepared for another week packed with earnings and economic data. Amazon.com rose 3.8% and hit $3 trillion in market value for the first time. The Dow Jones Industrial […]
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Wall St opens higher on Mideast deal hopes
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Aug 3 (Reuters) – Main U.S. stock indexes opened higher on Monday as signs of de-escalating tensions in the Middle East dragged down crude prices, while investors prepared for another week packed with earnings and economic data.
Amazon.com rose 3.8% and hit $3 trillion in market value for the first time.
The Dow Jones Industrial Average increased 274 points, or 0.52%, at the open to 52,759.06. The S&P 500 rose 15.1 points, or 0.2%, to 7,504.78 and the Nasdaq Composite gained 78.8 points, or 0.31%, to 25,452.663 at the opening bell.
(Reporting by Johann M Cherian in Bengaluru; Editing by Joyjeet Das)