Wall Street rises as bank shares rally, Nike boosts Dow
U.S. stocks rose on Tuesday, as bank shares gained on growing bets of aggressive interest rate increases by the Federal Reserve and sportswear maker Nike climbed after upbeat quarterly results.
Source: www.reuters.com
1 Min Read
(Reuters) - Wall Street’s main indexes opened higher on Tuesday, as bank shares gained on growing bets of aggressive interest rate increases by the Federal Reserve and sportswear maker Nike rose after upbeat quarterly results.
The Dow Jones Industrial Average rose 30.25 points, or 0.09%, at the open to 34,583.24.
The S&P 500 opened higher by 7.92 points, or 0.18%, at 4,469.10, while the Nasdaq Composite gained 27.97 points, or 0.20%, to 13,866.43 at the opening bell.
Reporting by Devik Jain in Bengaluru
