Wall Street Opens Higher on Banks, Growth Stocks Boost

A Wall Street sign outside the New York Stock Exchange in the Manhattan borough of New York, on April 16, 2021. (Carlo Allegri/Reuters)

Wall Street’s main indexes opened higher on Monday, helped by a bounce back in growth and bank stocks, after the benchmark S&P 500 hovered near a grim market milestone at the end of last week.

The Dow Jones Industrial Average rose 133.99 points, or 0.43 percent, at the open to 31,395.89.

The S&P 500 opened higher by 18.06 points, or 0.46 percent, at 3,919.42, while the Nasdaq Composite gained 41.66 points, or 0.37 percent, to 11,396.28 at the opening bell.