Wall Street Opens Higher After Three-Day Selloff

Wall Street Opens Higher After Three-Day Selloff
Traders work on the floor of the New York Stock Exchange (NYSE) in New York on Oct. 7, 2022. Spencer Platt/Getty Images
Reuters
Updated:

Wall Street’s main indexes opened higher on Monday, as investors picked up beaten-down stocks following a three-day selloff last week.

The Dow Jones Industrial Average rose 122.30 points, or 0.42 percent, at the open to 29,419.09. The S&P 500 opened higher by 7.85 points, or 0.22 percent, at 3,647.51, while the Nasdaq Composite gained 7.54 points, or 0.07 percent, to 10,659.95 at the opening bell.