Wall St opens higher as chips recover, megacap earnings loom
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Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 16, 2026. REUTERS/Brendan McDermid
July 20 (Reuters) - Wall Street's main indexes opened higher on Monday, as chip stocks recovered from last week's pullback and investors awaited a key slate of earnings from major technology companies that have powered the market's AI-driven rally.
The Dow Jones Industrial Average rose 8.2 points, or 0.02%, at the open to 52,154.57. The S&P 500 rose 31.5 points, or 0.42%, at the open to 7,489.18, while the Nasdaq Composite rose 200.6 points, or 0.79%, to 25,720.871 at the opening bell.
(Reporting by Ragini Mathur in Bengaluru; Editing by Shinjini Ganguli)
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