Nasdaq jumps over 1% at open as tech stocks roar back

FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021. REUTERS/Andrew Kelly

(Reuters) – Wall Street’s main indexes opened sharply higher on Tuesday as technology firms bounced back on easing concerns around the Omicron variant, while Intel jumped after plans to take its self-driving car unit public.

The Dow Jones Industrial Average rose 196.96 points, or 0.56%, at the open to 35,423.99. The S&P 500 opened higher by 40.30 points, or 0.88%, at 4,631.97, while the Nasdaq Composite gained 285.76 points, or 1.88%, to 15,510.91 at the opening bell.

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