Wall Street Opens Higher as Bank Stocks Surge
Introduction
Wall Street opened higher today, Thursday, as bank stocks surged after major banks passed the Federal Reserve’s annual stress test, while economic data showed the US economy is resilient in the face of massive interest rate hikes.
Dow Jones Industrial Average
The Dow Jones Industrial Average rose 1.91 points, or 0.01%, to 33,854.57.
Standard & Poor’s 500 Index
The Standard & Poor’s 500 index opened up 1.92 points, or 0.04%, to 4,374.94, according to Reuters.
Nasdaq Composite
The Nasdaq Composite rose 0.61 points, or 0.01%, to 13,592.36.
