Wall Street Opens Higher After Putin Comments, Mixed Bank Earnings

A Wall Street sign outside the New York Stock Exchange in New York City, N.Y., on Oct. 2, 2020. (Carlo Allegri/Reuters)

Wall Street’s main indexes opened higher on Friday after Russian President Vladimir Putin eased geopolitical worries, saying there were no plans for a further military mobilization in Russia, while major American banks reported mixed results.

The Dow Jones Industrial Average rose 153.5 points, or 0.51 percent, at the open to 30192.21. The S&P 500 rose 20.5 points, or 0.56 percent, at the open to 3690.41​, while the Nasdaq Composite rose 93.7 points, or 0.88 percent, to 10742.814 at the opening bell.