US STOCKS SNAPSHOT-Wall St rises as banks gain, economic data eases recession fears

US STOCKS SNAPSHOT-Wall St rises as banks gain, economic data eases recession fears

Wall Street opened higher on Thursday, as bank stocks rose after major lenders cleared the Federal Reserve's annual stress test, while economic data pointed to a resilient U.S. economy in the face of aggressive interest rate hikes.

The Dow Jones Industrial Average rose 1.91 points, or 0.01%, at the open to 33,854.57. The S&P 500 opened 1.92 points higher, or 0.04%, at 4,374.94, while the Nasdaq Composite gained 0.61 points, or 0.01%, to 13,592.36 at the opening bell.

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.