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Wall Street opens higher on strong earnings, soft dollar

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Reuters

(Reuters) - Wall Street's main indexes opened higher on Friday as gains in Intel and AbbVie following strong earnings and a slide in dollar helped investors look past weaker-than-expected U.S. economic growth data.

The Dow Jones Industrial Average rose 52.02 points, or 0.2 percent, to 26,444.81. The S&P 500 gained 8.3 points, or 0.29 percent, to 2,847.55. The Nasdaq Composite added 33.94 points, or 0.46 percent, to 7,445.11.

(Reporting by Sruthi Shankar in Bengaluru; Editing by Sriraj Kalluvila)

 

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First Published: Jan 26 2018 | 8:07 PM IST

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