FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., August 14, 2019. REUTERS/Eduardo Munoz
(Reuters) – U.S. stocks opened higher on Friday in broad-based gains led by technology stocks, on easing bond market rally and China’s plans to boost economic growth.
The Dow Jones Industrial Average .DJI rose 98.78 points, or 0.39%, at the open to 25,678.17.
The S&P 500 .SPX opened higher by 17.14 points, or 0.60%, at 2,864.74. The Nasdaq Composite .IXIC gained 61.74 points, or 0.79%, to 7,828.35 at the opening bell.
Reporting by Arjun Panchadar in Bengaluru; Editing by Anil D’Silva