Wall St opens higher as traders anticipate end to federal shutdown
FILE PHOTO: A view shows the New York Stock Exchange (NYSE) Wall Street entrance in New York City, U.S., April 7, 2025. REUTERS/Kylie Cooper/File Photo
(Reuters) -Wall Street opened higher on Wednesday with the Dow at a record high, as investors cheered a likely end to the longest U.S. government shutdown, while an upbeat earnings outlook from Advanced Micro Devices revived optimism around AI.
The Dow Jones Industrial Average rose 87.8 points, or 0.18%, at the open to 48,015.79. The S&P 500 rose 21.2 points, or 0.31%, at the open to 6,867.77, while the Nasdaq Composite rose 95.5 points, or 0.41%, to 23,563.839 at the opening bell.
(Reporting by Twesha Dikshit in Bengaluru; Editing by Arun Koyyur)
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