Earnings, Microsoft boost Wall Street as investors await stimulus


Aug 3 (Reuters) - Wall Street's main indexes opened higher on Monday as Microsoft's pursuit of TikTok's U.S. operations and a clutch of upbeat quarterly earnings reports lifted sentiment in the absence of a fiscal coronavirus relief deal.

The Dow Jones Industrial Average .DJI rose 114.00 points, or 0.43%, at the open to 26,542.32.

The S&P 500 .SPX opened higher by 17.14 points, or 0.52%, at 3,288.26. The Nasdaq Composite .IXIC gained 103.36 points, or 0.96%, to 10,848.64 at the opening bell.

(Reporting by Medha Singh in Bengaluru; editing by Uttaresh.V)

((Medha.Singh@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 6182 2256;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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