Wall Street Opens Higher as Upbeat Earnings Lift Mood

Wall Street Opens Higher as Upbeat Earnings Lift Mood
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on April 19, 2023. Brendan McDermid/Reuters
Reuters
Updated:

Wall Street’s main indexes opened higher on Thursday as better-than-expected results from Meta Platforms, Eli Lilly and Comcast outweighed data showing the U.S. economy slowed more than anticipated in the first quarter.

The Dow Jones Industrial Average rose 79.79 points, or 0.24 percent, at the open to 33,381.66. The S&P 500 opened higher by 19.30 points, or 0.48 percent, at 4,075.29, while the Nasdaq Composite gained 117.80 points, or 0.99 percent, to 11,972.15 at the opening bell.