14 Mar 2018

Wall Street opens higher as tech stocks recover

(Reuters) – Wall Street opened higher on Wednesday as technology stocks recovered from losses and economic data further eased fears of faster interest rate hikes in 2018.

Traders work on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., March 2, 2018. REUTERS/Andrew Kelly

The Dow Jones Industrial Average .DJI rose 90.02 points, or 0.36 percent, to 25,097.05. The S&P 500 .SPX gained 9.24 points, or 0.33414 percent, to 2,774.55. The Nasdaq Composite .IXIC added 28.62 points, or 0.38 percent, to 7,539.64.

Reporting by Sruthi Shankar in Bengaluru; Editing by Arun Koyyur

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