Investing
Wall St opens higher on gains in Tesla, hopes of rate-hike pause
© Reuters. Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 11, 2023. REUTERS/Brendan McDermid
(Reuters) – Wall Street’s main stock indexes opened higher on Friday as Tesla (NASDAQ:) shares rose and regional banks held steady after a selloff, while hopes of a pause in interest rate hikes bolstered investor sentiment.
The rose 61.07 points, or 0.18%, at the open to 33,370.58.
The opened higher by 7.92 points, or 0.19%, at 4,138.54, while the gained 22.02 points, or 0.18%, to 12,350.52 at the opening bell.
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