Wall Street Opens Higher After Selloff

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A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City on Aug. 8, 2022. (Andrew Kelly/Reuters)

Wall Street’s main indexes opened higher on Tuesday as investors returned from the Labor Day weekend to pick up beaten-down stocks following a recent selloff.

The Dow Jones Industrial Average rose 25.35 points, or 0.08 percent, at the open to 31,343.79. The S&P 500 opened higher by 6.63 points, or 0.17 percent, at 3,930.89, while the Nasdaq Composite gained 12.16 points, or 0.10 percent, to 11,643.03 at the opening bell.

Reuters

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