Nike lifts S&P 500, Dow ahead of business activity data, US stocks latest report

New York, The S&P 500 and the Dow opened higher on Wednesday, with Nike hitting a record high following a strong quarterly earnings report, while investors looked to domestic business activity data to gauge the pace of an economic rebound, Reuters reported.
The Dow Jones Industrial Average rose 125.42 points, or 0.46%, at the open to 27,413.60 and the S&P 500 opened higher by 4.54 points, or 0.14%, at 3,320.11, the report added.
The Nasdaq Composite dropped 12.81 points, or 0.12%, to 10,950.83 at the opening bell.

 

Source: Saudi Press Agency

Written by