Wall Street opens higher on tech rebound, Nike slumps
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A view shows the New York Stock Exchange (NYSE) Wall Street entrance in New York City, U.S., April 7, 2025. REUTERS/Kylie Cooper
Dec 19 (Reuters) - Wall Street's main indexes opened higher on Friday, as technology stocks extended their rebound from an early-week selloff, while Nike tumbled after weak China sales weighed on its quarterly results.
The Dow Jones Industrial Average rose 87.38 points, or 0.21%, to 48,051.77. The S&P 500 rose 20.66 points, or 0.33%, to 6,795.42, and the Nasdaq Composite rose 105.27 points, or 0.51%, to 23,111.63.
(Reporting by Sruthi Shankar in Bengaluru; Editing by Shilpi Majumdar)
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