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HomeBusinessWall Street opens higher as Goldman, J&J results lift earnings mood

Wall Street opens higher as Goldman, J&J results lift earnings mood

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Wall Street’s main indexes opened higher on Tuesday as strong earnings from and Johnson & Johnson lifted hopes that upbeat corporate reports could soothe market worries of a potential recession due to rising inflation and interest rates.


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The Dow Jones Industrial Average rose 511.7 points, or 1.70%, at the open to 30,697.52. The S&P 500 rose 68.3 points, or 1.86%, at the open to 3,746.26, while the Nasdaq Composite rose 288.2 points, or 2.70%, to 10,963.98 at the opening bell.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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