Wall Street opens higher on banks, energy boost

Dow Jones share price, Nasdaq Composite, S&P500, Dow Jones, wall street, US stocks

Wall Street‘s main indexes opened higher on Monday after declining sharply last week on Omicron and taper fears, with investors favoring banks, energy and economy-linked stocks against technology and growth-heavy shares.

The Dow Jones Industrial Average rose 53.35 points, or 0.15 per cent, at the open to 34,633.43.

The S&P 500 opened higher by 9.94 points, or 0.22 per cent, at 4,548.37, while the Nasdaq Composite gained 32.16 points, or 0.21 per cent, to 15,117.63 at the opening bell.

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