Wall Street opens higher, buoyed by tech, crude prices

Economies.com
2017-06-26 14:45PM UTC

US stock indices opened the week higher, shrugging off weak US data earlier today, which showed a steeper than expected drop in durable goods orders last month. 

 

Apple led the way higher as tech shares rebounded overall, while crude prices recovered for the third straight session away from seven-month lows, underpinning energy shares, and finally, the finance sector benefited from a debt deal for two near bankrupt lenders in Italy. 

 

As of 03:28 GMT, Standard and Poor's 500 rose 0.16%, or 3.15 points to 2,441.45, while Dow Jones advanced 0.21%, or 44.08 points to 21,438.84. 

 

Tech-heavy NASDAQ gained 0.11%, or seven points to 6,272.25. 

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