Wall Street Opens Higher as Bond Yields Retreat

A Wall Street sign outside the New York Stock Exchange in New York City, N.Y., on Oct. 2, 2020. Carlo Allegri/Reuters

Wall Street’s main indexes opened higher on Monday as Treasury yields eased on hopes of a less aggressive Federal Reserve, while investors braced for a busy week of earnings dominated by big technology companies.

The Dow Jones Industrial Average rose 104.76 points, or 0.34 percent, at the open to 31,187.32. The S&P 500 opened higher by 9.26 points, or 0.25 percent, at 3,762.01, while the Nasdaq Composite gained 7.35 points, or 0.07 percent, to 10,867.07 at the opening bell.