Wall Street Opens Higher With Focus on Midterm Elections

Wall Street Opens Higher With Focus on Midterm Elections
Raindrops hang on a sign for Wall Street outside the New York Stock Exchange on Oct. 26, 2020. (Mike Segar/Reuters)
Reuters
11/7/2022
Updated:
11/7/2022

Wall Street’s main indexes opened higher on Monday following a rollercoaster week, with investor focus shifting to Tuesday’s midterm elections that will determine control of Congress.

The Dow Jones Industrial Average rose 50.88 points, or 0.16 percent, at the open to 32,454.10.

The S&P 500 opened higher by 10.16 points, or 0.27 percent, at 3,780.71, while the Nasdaq Composite gained 41.68 points, or 0.40 percent, to 10,516.94 at the opening bell.