Wall Street opens higher as chip stocks shine
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 7, 2026. REUTERS/Brendan McDermid
Jan 15 (Reuters) - Wall Street's main indexes rose at market open on Thursday after TSMC's blockbuster quarterly results ignited a rally in chipmakers, while investors parsed earnings from Morgan Stanley and Goldman Sachs that capped big banks' reporting season.
The Dow Jones Industrial Average rose 51.5 points, or 0.10%, at the open to 49,201.1. The S&P 500 rose 42.9 points, or 0.62%, at the open to 6,969.46, while the Nasdaq Composite rose 222.2 points, or 0.95%, to 23,693.969 at the opening bell.
(Reporting by Medha Singh in Bengaluru; Editing by Shinjini Ganguli)
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