Stocks opened higher Thursday, buoyed by continued decent earnings from banks and gains in key technology stocks.
But trade worries were keeping gains somewhat in check after President Trump’s comment Wednesday that the United States and China were in a trade war.
Google-parent Alphabet and Walmart both hit 52-week highs, and enthusiasm for all things artificial intelligence showed few signs of waning. Salesforce was up 7%, and Oracle ORCL added 2.8%.
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At 10: 25 a.m. ET, the Nasdaq Composite Index was up 151 points or 0.4%, to 22,821. The Standard & Poor’s 500 Index was up 25 points, or 0.4%, to 6,696. The Dow Jones Industrial Average had climbed 93 points to 46346.
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