The Dow Jones Industrial Average gained 0.34%, the tech-heavy Nasdaq Composite advanced 0.67% and the broad-based S&P 500 added 0.31%. (AFP pic)NEW YORK: Wall Street stocks opened higher Wednesday after a string of well-received earnings reports, with SpaceX's first profit reassuring investors about the financial outlook for the artificial intelligence (AI) ecosystem.
In early trading, the Dow Jones Industrial Average gained 0.34%, the tech-heavy Nasdaq Composite advanced 0.67% and the broad-based S&P 500 added 0.31%.
"We have a market where a lot of the negative factors that were holding the market down over the last few weeks are being alleviated," Adam Sarhan of 50 Park Investments told AFP.
