Wall Street’s main indexes opened higher on Monday with Meta shares among the top gainers after reports that megacaps were bracing for AI-related layoffs, even as elevated crude prices due to the raging conflict in the Middle East kept risk-taking in check.
The Dow Jones Industrial Average opened 148.9 points, or 0.32% higher, at 46,707.4. The S&P 500 rose 42.2 points, or 0.64%, to 6,674.37, while the Nasdaq Composite rose 235.0 points, or 1.06%, to 22,340.388.
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