Wall Street Opens Higher on Strong Nike Earnings
Wall Street’s main stock indexes opened higher on Wednesday as Nike brought cheer to markets with its better-than-expected results, while investors awaited more economic data for hints on the path of future interest rate hikes.
The Dow Jones Industrial Average rose 178.35 points, or 0.54 percent, at the open to 33,028.09. The S&P 500 opened higher by 17.87 points, or 0.47 percent, at 3,839.49, while the Nasdaq Composite gained 44.89 points, or 0.43 percent, to 10,592.00 at the opening bell.
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