Loans
Loans
HomeNewsWorldWall Street opens slightly higher on strong retail earnings

Wall Street opens slightly higher on strong retail earnings

The Dow Jones Industrial Average rose 33.19 points, or 0.12 percent, at the open to 27,811.26.

August 19, 2020 / 20:00 IST

US stocks opened slightly higher on Wednesday following positive results from retailers Target and Lowe's, a day after the S&P 500 completed its fastest recovery from a bear market in history.

The Dow Jones Industrial Average rose 33.19 points, or 0.12 percent, at the open to 27,811.26.

The S&P 500 opened higher by 2.73 points, or 0.08 percent, at 3,392.51. The Nasdaq Composite gained 3.96 points, or 0.04 percent, to 11,214.80 at the opening bell.

PTI
first published: Aug 19, 2020 07:51 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347