Stock Market News

Strong big bank earnings lift Wall Street at open

2023.07.14 09:49


© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 29, 2023. REUTERS/Brendan McDermid

(Reuters) – Wall Street’s main indexes opened higher on Friday after three of the country’s top lenders including JPMorgan Chase (NYSE:) and Wells Fargo (NYSE:) commenced second-quarter earnings for big U.S. banks on a strong note.

The rose 30.19 points, or 0.09%, at the open to 34,425.33. The opened higher by 4.57 points, or 0.10%, at 4,514.61, while the gained 28.09 points, or 0.20%, to 14,166.66 at the opening bell.

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