Wall Street Rises at Open as Investors Assess Bank Earnings

Wall Street Rises at Open as Investors Assess Bank Earnings
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on July 12, 2023. Brendan McDermid/Reuters
Reuters
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Wall Street’s main indexes opened marginally higher on Wednesday as investors digested Goldman Sachs second-quarter results and assessed strong earnings from a number of smaller banks.

The Dow Jones Industrial Average rose 39.28 points, or 0.11 percent, at the open to 34,991.21.

The S&P 500 opened higher by 8.89 points, or 0.20 percent, at 4,563.87, while the Nasdaq Composite gained 44.89 points, or 0.31 percent, to 14,398.53 at the opening bell.