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Wall Street opens higher on tech rebound, Nike slumps

By Kim Browne

Wall Street opens higher on tech rebound, Nike slumps

Wall Street’s main indexes opened higher on Friday (Dec 19), as technology stocks extended their rebound from an early-week sell-off, while Nike tumbled after weak China sales weighed on its quarterly results.

The Dow Jones Industrial Average rose 87.38 points, or 0.21 per cent, to 48,051.77.

The S&P 500 rose 20.66 points, or 0.33 per cent, to 6,795.42, and the Nasdaq Composite rose 105.27 points, or 0.51 per cent, to 23,111.63. REUTERS

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Wall Street opens higher on tech rebound, Nike slumps - GQ British Lifestyle