Wall Street Opens Higher as Tech-Related Stocks Gain

Wall Street Opens Higher as Tech-Related Stocks Gain
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City on June 22, 2022. Brendan McDermid/Reuters
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Wall Street’s main indexes rose on Thursday as easing government bond yields lifted some high-growth stocks, while investors awaited business activity data and Federal Reserve Chair’s testimony to Congress.

The Dow Jones Industrial Average rose 87.20 points, or 0.29 percent, at the open to 30,570.33. The S&P 500 opened higher by 14.82 points, or 0.39 percent, at 3,774.71, while the Nasdaq Composite gained 84.60 points, or 0.77 percent, to 11,137.68 at the opening bell.