Wall Street Starts Fourth Quarter on a High Note

Wall Street Starts Fourth Quarter on a High Note
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on Sept. 27, 2022. (Brendan McDermid/Reuters)
Reuters
10/3/2022
Updated:
10/3/2022

Wall Street’s main indexes advanced on Monday after sharp declines last week although losses in Tesla Inc. capped the gains for growth and tech-heavy Nasdaq after the world’s most valuable electric-vehicle maker missed quarterly delivery targets.

The Dow Jones Industrial Average rose 129.74 points, or 0.45 percent, at the open to 28,855.25. The S&P 500 opened higher by 24.16 points, or 0.67 percent, at 3,609.78, while the Nasdaq Composite gained 83.39 points, or 0.79 percent, to 10,659.01 at the opening bell.