Wall St climbs higher on megacap boost

This post was originally published on this site

https://i-invdn-com.investing.com/trkd-images/LYNXMPEJ1C0J8_L.jpg

(Reuters) – U.S. main stock indexes opened higher on Monday as beaten-down megacap growth stocks gained, while Meta Platforms climbed on reports of fresh layoffs.

The Dow Jones Industrial Average .DJI rose 18.12 points, or 0.05%, at the open to 33,887.39.

The S&P 500 .SPX opened higher by 6.16 points, or 0.15%, at 4,096.62, while the Nasdaq Composite .IXIC gained 40.97 points, or 0.35%, to 11,759.09 at the opening bell.