Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar//File Photo
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April 28 (Reuters) – Wall Street’s main indexes opened higher on Thursday as strong earnings from Meta Platforms lifted battered technology and growth stocks, offsetting concerns around data that showed U.S. economic growth unexpectedly contracted in the first quarter.
The Dow Jones Industrial Average (.DJI) rose 124.0 points, or 0.37%, at the open to 33425.96.
The S&P 500 (.SPX) rose 38.6 points, or 0.92%, at the open to 4222.58, while the Nasdaq Composite (.IXIC) rose 223.9 points, or 1.79%, to 12712.863 at the opening bell.
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Reporting by Bansari Mayur Kamdar in Bengaluru; Editing by Arun Koyyur
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