Wall St edges higher at open on tech boost

Signage hangs over the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 19, 2021. REUTERS/Andrew Kelly

(Reuters) – Wall Street’s main indexes opened higher on Friday, lifted by a rise in technology stocks, although concerns over a slowing economic recovery and the possible tapering of monetary stimulus put the Dow and the S&P 500 on course for their worst week since mid-June.

The Dow Jones Industrial Average rose 23.84 points, or 0.07%, at the open to 34,917.96. The S&P 500 opened higher by 4.76 points, or 0.11%, at 4,410.56, while the Nasdaq Composite gained 29.74 points, or 0.20%, to 14,571.53 at the opening bell.

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