Wall Street was sharply higher on Monday morning in a broad rally led by technology and financial stocks, especially insurers, on relief that Irma weakened to a tropical storm and North Korea did not conduct a nuclear test as feared. Irma pounded heavily populated areas of central Florida over the weekend, but gradually lost strength and was downgraded to a tropical storm in the morning. Irma had started off a category 5 hurricane and was once ranked as one of the most powerful recorded in the Atlantic. It came on the heels of Hurricane Harvey, whose devastations economists said ...
Wall Street opens higher as Irma, North Korea fears ebb
The Nasdaq Composite was up 63.32 points, or 1% at 6,423.51
Reuters Last Updated at September 11, 2017 20:24 IST