Wall Street Opens Higher After Broad Sell-Off; Micron Shines

Wall Street Opens Higher After Broad Sell-Off; Micron Shines
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City on Dec. 13, 2023. (Brendan McDermid/Reuters)
Reuters
12/21/2023
Updated:
12/21/2023
0:00

Wall Street’s main indexes opened higher on Thursday, recovering from a broad sell-off on Wall Street in the prior session as investors clung to hopes of borrowing costs easing next year, while chipmaker Micron advanced after delivering an upbeat forecast.

The Dow Jones Industrial Average rose 143.32 points, or 0.39 percent, at the open to 37,225.32. The S&P 500 opened higher by 25.94 points, or 0.55 percent, at 4,724.29, while the Nasdaq Composite gained 145.20 points, or 0.98 percent, to 14,923.14 at the opening bell.