Stocks open higher on Wall Street with more help from tech

Stocks open higher on Wall Street with more help from tech

2 years ago
Anonymous $jukOC22bR_

https://apnews.com/d2a47c67ab10cef0d1ce4cfd05366af0

Stocks are opening higher on Wall Street Wednesday, putting the market further into the green for the week after a solid gain a day earlier. The S&P 500 was up 1% in the early going. The gains were broad. Nine of ten stocks in the benchmark index rose, led by big technology companies including Microsoft. The tech-heavy Nasdaq rose 1.4% and the Dow Jones Industrial Average had a more modest gain of 0.7%. The yield on the 10-year Treasury note slipped to 1.94%, but it’s still the highest it’s been since before the pandemic began. Disney reports its latest results after the closing bell.

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.