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

Our Standards:The Thomson Reuters Trust Principles.

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