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Updated on June 27, 2022 1:18 am

wall street today: US stocks open higher on strong Nike earnings


Wall Street‘s main stock indexes opened higher on Wednesday as Nike brought cheer to markets with its better-than-expected results, while investors awaited more economic data for hints on the path of future interest rate hikes.

The Dow Jones Industrial Average rose 178.35 points, or 0.54%, at the open to 33,028.09. The S&P 500 opened higher by 17.87 points, or 0.47%, at 3,839.49, while the Nasdaq Composite gained 44.89 points, or 0.43%, to 10,592.00 at the opening bell.

More to come…

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