Wall Street Opens Higher on Upbeat Microsoft, Boeing Results

Wall Street Opens Higher on Upbeat Microsoft, Boeing Results
A Wall St. sign is seen in New York City on March 13, 2023. Brendan McDermid/Reuters
Reuters
Updated:

Wall Street’s main indexes opened higher on Wednesday as strong results from Microsoft and positive cash-flow forecast from Boeing offset concerns over rising interest rates and their effect on the U.S. economy.

The Dow Jones Industrial Average rose 65.51 points, or 0.20 percent, at the open to 33,596.34. The S&P 500 opened higher by 16.15 points, or 0.40 percent, at 4,087.78.

Nasdaq Composite added 90.72 points, or 0.77 percent, at 11,889.88, as per Yahoo Finance prices.