Wall Street Climbs at Open on Energy, Banks Boost

January 27, 2022Updated: January 27, 2022

Wall Street’s main indexes opened higher on Thursday on gains in economy-sensitive energy and financial stocks, a day after hawkish comments from the Federal Reserve weighed on markets.

The Dow Jones Industrial Average rose 93.66 points, or 0.27 percent, at the open to 34,261.75. The S&P 500 opened higher by 30.65 points, or 0.70 percent, at 4,380.58, while the Nasdaq Composite gained 168.87 points, or 1.25 percent, to 13,710.99 at the opening bell.

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