Business

Wall St edges higher at open on tech boost

1 minute read

REUTERS/Andrew Kelly

Aug 20 (Reuters) - Wall Street's main indexes opened higher on Friday, lifted by a rise in technology stocks, although concerns over a slowing economic recovery and the possible tapering of monetary stimulus put the Dow and the S&P 500 on course for their worst week since mid-June.

The Dow Jones Industrial Average (.DJI) rose 23.84 points, or 0.07%, at the open to 34,917.96.

The S&P 500 (.SPX) opened higher by 4.76 points, or 0.11%, at 4,410.56, while the Nasdaq Composite (.IXIC) gained 29.74 points, or 0.20%, to 14,571.53 at the opening bell.

Reporting by Devik Jain in Bengaluru; Editing by Maju Samuel

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