US STOCKS SNAPSHOT-Wall St opens higher after worst weekly selloff of 2023

Kitco Media
By Reuters
Published:
Updated:
Reuters
Feb 27 (Reuters) - Wall Street's main indexes opened higher on Monday as investors bought beaten-down shares after the main benchmarks suffered their worst weekly selloff of the year on worries of aggressive interest-rate hikes. The Dow Jones Industrial Average rose 89.24 points, or 0.27%, at the open to 32,906.16. The S&P 500 opened higher by 22.32 points, or 0.56%, at 3,992.36, while the Nasdaq Composite gained 122.25 points, or 1.07%, to 11,517.19 at the opening bell. (Reporting by Shristi Achar A in Bengaluru; Editing by Arun Koyyur)

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