US stock market opens higher on Monday. (Image: Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed
S&P 500 and Dow Jones Industrial Average rose on Monday amid expectations of strong quarterly results this week, and a likely end to the government shutdown in the United States.
Minutes into the trade, the Dow Jones Industrial Average rose 194 points or 0.45%, whereas S&P 500 also rose over 0.62% while Nasdaq was up 0.83%.
The big names to announce their earnings include Netflix, Coca-Cola, Tesla and Intel Co.
This comes after a volatile week of trading amid flaring tensions between the US and China. However, Wall Street ended last week with gains on the back of strong start to the third-quarter earnings season.
In the early minutes of trading, 10 of the 11 sector