Wall Street opens higher as Apple lifts tech stocks

FAN Editor
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., July 31, 2018. REUTERS/Lucas Jackson

August 1, 2018

(Reuters) – U.S. stocks opened higher on Wednesday after Apple’s strong earnings boosted technology companies and helped ease concerns over future growth of the tech sector.

The Dow Jones Industrial Average <.DJI> rose 46.44 points, or 0.18 percent, at the open to 25,461.63. The S&P 500 <.SPX> opened higher by 4.88 points, or 0.17 percent, at 2,821.17. The Nasdaq Composite <.IXIC> gained 30.03 points, or 0.39 percent, to 7,701.82 at the opening bell.

(Reporting by Amy Caren Daniel in Bengaluru; Editing by Shounak Dasgupta)

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