Wall St opens higher after report of selective Trump tariffs; chip stocks gain

(Reuters) - Wall Street's main indexes opened higher on Monday as optimism around AI boosted technology stocks, and a report suggested the incoming Trump administration could adopt a less aggressive stance on tariffs than previously anticipated.

The Dow Jones Industrial Average rose 103.4 points, or 0.24%, at the open to 42,835.52. The S&P 500 rose 40.3 points, or 0.68%, to 5,982.81​, while the Nasdaq Composite rose 230.3 points, or 1.17%, to 19,851.99.

Source: Investing.com