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SNAPSHOT Wall St opens higher on soft landing hopes, Tesla boost


Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 25, 2023. REUTERS/Andrew Kelly

Wall Street’s main indexes opened higher on Thursday after data showing a resilient labor market and better-than-expected economic growth last quarter helped ease worries of a deep recession, while Tesla’s bullish outlook added to the cheer.

The Dow Jones Industrial Average (.DJI) rose 27.82 points, or 0.08%, at the open to 33,771.66.

The S&P 500 (.SPX) opened higher by 19.86 points, or 0.49%, at 4,036.08, while the Nasdaq Composite (.IXIC) gained 145.05 points, or 1.28%, to 11,458.41 at the opening bell.

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