Wall Street Opens Higher on Soft Landing Hopes, Tesla Boost

Wall Street’s main indexes opened higher on Thursday after data showing a resilient labor market and better-than-expected economic growth last quarter helped ease worries of a deep recession, while Tesla’s bullish outlook added to the cheer.

The Dow Jones Industrial Average rose 27.82 points, or 0.08 percent, at the open to 33,771.66. The S&P 500 opened higher by 19.86 points, or 0.49 percent, at 4,036.08, while the Nasdaq Composite gained 145.05 points, or 1.28 percent, to 11,458.41 at the opening bell.