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BusinessUS STOCKS S&P 500, Nasdaq opens higher after rout

1 minute read

A statue of George Washington is seen on Wall St. across from the New York Stock Exchange (NYSE) in New York, U.S., February 16, 2021. REUTERS/Brendan McDermid

The S&P 500 and the Nasdaq index opened higher on Friday following a sharp pullback on Wall Street as tech-related stocks rebounded but sentiment remained fragile, with U.S. bond yields at one-year high.

The Dow Jones Industrial Average (.DJI) fell 0.7 points, or flat at the open to 31401.29. The S&P 500 (.SPX) rose 10.3 points, or 0.27%, at the open to 3839.66​, while the Nasdaq Composite (.IXIC) rose 113.5 points, or 0.86%, to 13232.901 at the opening bell.

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