Wall Street opened higher on Wednesday, with the S&P 500 hitting a fresh record high, boosted by megacap and chip stocks, while investors assessed major corporate earnings and awaited clues from policymakers on the outlook for interest-rate cuts.
The Dow Jones Industrial Average opens new tab rose 92.53 points, or 0.24 percent, at the open to 38,613.89.
The S&P 500 opens new tab opened higher by 18.82 points, or 0.38 percent, at 4,973.05, while the Nasdaq Composite opens new tab gained 81.36 points, or 0.52 percent, to 15,690.35 at the opening bell.
