Wall Street opens higher on J&J, Big Tech gains

Traders work on the floor of the New York Stock Exchange (NYSE) in New York

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 8, 2021. REUTERS/Brendan McDermid

Nov 12 (Reuters) – U.S. stock indexes opened higher on Friday, as Johnson & Johnson and big technology stocks led gains at the end of a week scarred by deepening concerns over prolonged inflation.

The Dow Jones Industrial Average (.DJI) rose 42.55 points, or 0.12%, at the open to 35,963.78.

The S&P 500 (.SPX) opened higher by 5.97 points, or 0.13%, at 4,655.24, while the Nasdaq Composite (.IXIC) gained 48.34 points, or 0.31%, to 15,752.62 at the opening bell.

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Reporting by Devik Jain in Bengaluru; Editing by Aditya Soni

Our Standards: The Thomson Reuters Trust Principles.

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