Monday, January 30, 2023

Wall Street opens higher on earnings cheer By Reuters

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© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2021. REUTERS/Brendan McDermid

(Reuters) – Wall Street’s main indexes opened higher on Thursday, led by gains in Caterpillar (NYSE:), Merck and Ford after upbeat quarterly earnings, shrugging off data that showed U.S. economic growth slowed sharply in the third quarter.

The rose 54.72 points, or 0.15%, at the open to 35,545.41. The opened higher by 11.16 points, or 0.25%, at 4,562.84, while the gained 68.90 points, or 0.45%, to 15,304.74 at the opening bell.

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