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Wall Street opens higher as tech stocks rebound, oil drops

Wall Street opens higher as tech stocks rebound, oil drops

Wall Street opens higher as tech stocks rebound, oil drops 150 150 admin

(Reuters) – U.S. stock indexes opened higher on Wednesday as technology and growth stocks rebounded, while weaker-than-expected private payrolls data and a slide in oil prices helped ease some worries about inflation.

The Dow Jones Industrial Average rose 36.28 points, or 0.11%, at the open to 31,827.15. The S&P 500 opened higher by 14.51 points, or 0.36%, at 4,000.67, while the Nasdaq Composite gained 89.42 points, or 0.75%, to 11,972.56 at the opening bell.

(Reporting by Devik Jain in Bengaluru; Editing by Maju Samuel)

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