Audio Sources - Full Text Articles

SNAPSHOT Wall Street opens higher as investors cheer Apple earnings

Listen to this article

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 4, 2023. REUTERS/Brendan McDermid

U.S. stocks opened higher on Friday as Apple’s upbeat results underscored resilience in corporate earnings, while a stronger-than-expected jobs report tempered expectations of interest rate cuts from the Federal Reserve.

The Dow Jones Industrial Average (.DJI) rose 120.81 points, or 0.36%, at the open to 33,248.55. The S&P 500 (.SPX) opened higher by 23.51 points, or 0.58%, at 4,084.73, while the Nasdaq Composite (.IXIC) gained 106.63 points, or 0.89%, to 12,073.03 at the opening bell.

WP Radio
WP Radio