Wall Street’s main indexes opened higher on Monday, following better-than-expected results from Bank of America that were underpinned by the Federal Reserve’s rapid rate hikes.
The Dow Jones Industrial Average rose 424.8 points, or 1.43 percent, at the open to 30,059.58. The S&P 500 rose 55.6 points, or 1.55 percent, at the open to 3,638.65, while the Nasdaq Composite rose 254.3 points, or 2.46 percent, to 10,575.647 at the opening bell.
