Wall Street Opens Higher After Modest Sanctions on Russia

Wall Street Opens Higher After Modest Sanctions on Russia
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, on Jan. 26, 2022. (Brendan McDermid/Reuters)
Reuters
2/23/2022
Updated:
2/23/2022

Wall Street’s main indexes opened higher on Wednesday after modest initial sanctions by Western nations on Moscow, with investors keeping a close watch on the fast-moving developments in the Russia-Ukraine crisis.

The Dow Jones Industrial Average rose 84.36 points, or 0.25 percent, at the open to 33,680.97. The S&P 500 opened higher by 20.17 points, or 0.47 percent, at 4,324.93, while the Nasdaq Composite gained 130.23 points, or 0.97 percent, to 13,511.75 at the opening bell.