Wall Street Opens Higher on Upbeat Earnings

Wall Street Opens Higher on Upbeat Earnings
The Nasdaq logo is displayed at the Nasdaq Market site in Times Square in New York on Dec. 3, 2021. (Jeenah Moon/Reuters)
Reuters
1/20/2022
Updated:
1/20/2022

Wall Street’s main indexes opened higher on Thursday as results from American Airlines and Travelers kept the positive momentum going for the fourth-quarter earnings season, a day after the tech-heavy Nasdaq index plunged into correction territory.

The Dow Jones Industrial Average rose 74.01 points, or 0.21 percent, at the open to 35,102.66. The S&P 500 opened higher by 14.59 points, or 0.32 percent, at 4,547.35, while the Nasdaq Composite gained 122.60 points, or 0.85 percent, to 14,462.85 at the opening bell.