Wall Street opens higher thanks to strong gains in banking stocks

2023-07-14 14:47:00

The Dow Jones Industrial Average rose at the open, 30.19 points

Dubai – Al Arabiya.net

Posted on: July 14, 2023: 06:47 PM GST Last updated: July 14, 2023: 07:10 PM GST

The main indices on Wall Street opened higher today, Friday, after 3 of the largest banks in the United States, including JPMorgan Chase and Wells Fargo, kicked off the season of second-quarter earnings announcements with strong results.

The Dow Jones Industrial Average rose at the open, 30.19 points, or 0.09%, to 34,425.33 points.

The Standard & Poor’s index opened up 4.57 points, or 0.10%, to 4,514.61 points, according to Archyde.com.

While the Nasdaq Composite Index increased by 28.09 points, or 0.20%, to 14,166.66 points at the open.

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