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US STOCKS SNAPSHOT-Wall St opens higher after report of selective Trump tariffs; chip stocks gain

ReutersJan 6, 2025 2:33 PM

- Wall Street's main indexes opened higher on Monday as optimism around AI boosted technology stocks, and a report suggested the incoming Trump administration could adopt a less aggressive stance on tariffs than previously anticipated.

The Dow Jones Industrial Average .DJI rose 103.4 points, or 0.24%, at the open to 42,835.52. The S&P 500 .SPX rose 40.3 points, or 0.68%, to 5,982.81​, while the Nasdaq Composite .IXIC rose 230.3 points, or 1.17%, to 19,851.99.

(Reporting by Johann M Cherian in Bengaluru; Editing by Maju Samuel)

((johann.mcherian@thomsonreuters.com;))

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