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Nasdaq jumps at open as tech stocks gain ground

The Nasdaq Composite rose 313.9 points, or 2.49 percent to 12923.071 at the opening bell.

March 09, 2021 / 20:36 IST
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Reuters

Wall Street's main indexes opened higher on Tuesday with the Nasdaq rebounding after a steep selloff in the previous session, as U.S. bond yields retreated and investors scooped up beaten-down technology stocks.

The Nasdaq Composite rose 313.9 points, or 2.49 percent to 12923.071 at the opening bell.

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The Dow Jones Industrial Average rose 89.9 points, or 0.28 percent, to 31892.35, while S&P 500 rose 30.6 points, or 0.80 percent, at the open to 3851.93.

 

Reuters
first published: Mar 9, 2021 08:35 pm

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