News Formal

U.S. stocks open mostly higher, with gains led by tech-heavy Nasdaq

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

U.S. stocks opened mostly higher Tuesday, with gains led by the technology-heavy Nasdaq Composite, after a debt-ceiling deal was reached over the long...

U.S. stocks opened mostly higher Tuesday, with gains led by the technology-heavy Nasdaq Composite, after a debt-ceiling deal was reached over the long holiday weekend honoring Memorial Day. The Nasdaq COMP, +0.61% was up 1.1% soon after the opening bell, while the S&P 500 SPX, +0.18% gained 0.5% and the Dow Jones Industrial Average DJIA, -0.31% traded down less than 0.

1%, according to FactSet data, at last check. Tech shares rallied last week amid investor enthusiasm tied to artificial intelligence, with the Nasdaq advancing a fifth straight week in its longest win streak since the stretch ending in early February, according to Dow Jones Market Data. Meanwhile, the debt-ceiling agreement between President Joe Biden and House Speaker Kevin still needs to pass Congress.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

5 things to know before the stock market opens TuesdayHere are the most important news items that investors need to start their trading day.
Source: CNBC - 🏆 12. / 72 Read more »

Blockchain-Based Render Network's Token Tracks Tech Stocks as Broader Crypto Market Decouples$RNDR has gained over 6% this month amid the artificial intelligence narrative that has recently powered technology stocks higher. Reports godbole17.
Source: CoinDesk - 🏆 291. / 63 Read more »