US STOCKS SNAPSHOT-Wall St opens higher after Microsoft's beat, rate cut euphoria

US STOCKS SNAPSHOT-Wall St opens higher after Microsoft's beat, rate cut euphoria
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  • United States

U.S. stocks opened higher on Friday as solid results from Microsoft lifted technology shares and added to market optimism after New York Fed President John Williams boosted hopes that the central bank was set to cut interest rates this month.

The Dow Jones Industrial Average rose 23.41 points, or 0.09%, at the open to 27,246.38.

The S&P 500 opened higher by 9.15 points, or 0.31%, at 3,004.26. The Nasdaq Composite gained 34.10 points, or 0.42%, to 8,241.34 at the opening bell.

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