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Wall Street opens higher on strong earnings

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Reuters

(Reuters) - U.S. stocks opened higher on Wednesday and were set for a second day of gains at the end of a brutal month, as Facebook led a slew of encouraging earnings reports.

The Dow Jones Industrial Average rose 134.18 points, or 0.54 percent, at the open to 25,008.82. The S&P 500 opened higher by 22.97 points, or 0.86 percent, at 2,705.60. The Nasdaq Composite gained 114.97 points, or 1.61 percent, to 7,276.62 at the opening bell.

(Reporting by Shreyashi Sanyal in Bengaluru; Editing by Arun Koyyur)

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Oct 31 2018 | 7:05 PM IST

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