Wall Street opened higher on Thursday, as bank stocks rose after major lenders cleared the Federal Reserve’s annual stress test, while economic data pointed to a resilient U.S. economy in the face of aggressive interest rate hikes.
The Dow Jones Industrial Average rose 1.91 points, or 0.01 percent, at the open to 33,854.57. The S&P 500 opened 1.92 points higher, or 0.04 percent, at 4,374.94, while the Nasdaq Composite gained 0.61 points, or 0.01 percent, to 13,592.36 at the opening bell.
