The Wall Street opened on a positive note on Friday, with the broader index, S&P 500, up by 0.34% at 6,071.70 points and the tech-heavy Nasdaq Composite climbing 0.56% to 20,014.75 points.
The 30-stock Dow Jones Industrial Average was nearly flat, as it rose marginally by 0.03% to 43,929.15 at the opening bell.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
Stocks like JPMorgan Chase & Co. were down 0.22%, Johnson & Johnson fell 0.27%, and Coca-Cola Co. dipped 0.31%. Among the companies that rose in early trade were American Express Co. up 0.98%, and Boeing Co. which jumped 0.64%.
Among the 11 S&P 500 sectoral indices, 10 were trading lower, whereas one traded higher against the previous day's close. The gains were led by the Consumer Staples whereas the Real Estate, Information Technology and Healthcare sectors were among the drags.
“Tech stocks have reminded investors over the past week that the AI/quantum computing movement isn't dying down any-time soon,” told Tom Essaye, founder of The Sevens Report to Bloomberg. Still, “strength in tech masked what was an average performance for the rest of the market,” he said.
As the US market opened, spot gold was lower 0.77% at $2,660.08, and Brent crude oil was trading 0.67% higher at $73.90.
The Bloomberg Dollar Index was changed slightly, with the British pound dipped 0.2% to $1.2651 while the Japanese yen fell 0.5% to 153.44 per dollar.
Bitcoin, the largest traded cryptocurrency, rose 0.6% to $100,395.73.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.