Business & Economy

Wall Street opens higher on megacap tech boost, strong earnings

By Uchechi Ojo July 23, 2021249 views

Wall Street’s main indexes opened higher on Friday (July 23), helped by megacap technology stocks and strong earnings from social media companies Twitter and Snap, with investors eyeing business activity data later in the day.

The Dow Jones Industrial Average rose 31.8 points, or 0.09%, at the open to 34855.11.

The S&P 500 rose 13.7 points, or 0.31%, at the open to 4381.2, while the Nasdaq Composite rose 68.5 points, or 0.47%, to 14753.058 at the opening bell.

Uchechi Ojo

Uchechi Ojo, is a Lagos-born and based writer, newscaster and voice-over artist. A versatile and committed journalist with the yearning to make a difference in the industry. She writes balanced, informative and interesting stories. Uchechi has the ability to interact and listen with rapt attention, excellent time management and great communication skills while paying attention to detail. She is very approachable and a good team player. Instagram | LinkedIn