Wall St opens higher as chip stocks rebound, Middle East tensions ease
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Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 4, 2026. REUTERS/Brendan McDermid
June 8 (Reuters) - Wall Street's main indexes opened higher on Monday, bouncing back from a sharp selloff in the prior session, aided by a recovery in chip stocks and signs of easing tensions in the Middle East.
The Dow Jones Industrial Average rose 130.5 points, or 0.26%, to 50,997.23. The S&P 500 rose 56.8 points, or 0.77%, to 7,440.57, while the Nasdaq Composite rose 355.6 points, or 1.38%, to 26,065.071 at the opening bell.
(Reporting by Joel Jose in Bengaluru; Editing by Devika Syamnath)
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