Wall Street indices rise at the start of trading on Friday
US indices opened higher on Friday, with the Nasdaq leading the gains along with other major US indices.
This rise follows some corrections seen in the indices yesterday, which could propel them upwards again in the long term.
Indices' movements
Concerns continue to influence the indices' movements, and as investors await further developments, the US indices opened as follows:
The Dow Jones opened up by 0.88%, and continued its upward trend, reaching levels of $49,596.
Expectations still point to a rise in the Dow Jones index in the long term.
The Nasdaq opened 0.40% higher, reaching a high of 243,884. Further gains are expected, especially given the recent rebound from the current support levels, which it has retested. However, a close below these levels could lead to a medium-term decline towards the next support level near 24260.
The S&P 500 opened 0.55% higher, reaching a high of 6876. Price action suggests a medium-term upward move towards 6787, and further gains are anticipated from these levels to continue the long-term upward trend.
