Wall St opens higher on Big Tech bounce; cyclicals rise

Oct 5 (Reuters) – Wall Avenue’s predominant indexes opened greater on Tuesday as expertise shares recovered from a pointy selloff, whereas economy-sensitive cyclical shares have been in favor forward of carefully watched month-to-month payrolls knowledge later within the week.

The Nasdaq Composite gained 57.38 factors, or 0.40%, to 14,312.86 on the opening bell, whereas the S&P 500 opened greater by 9.41 factors, or 0.22%, at 4,309.87.

The Dow Jones Industrial Common rose 32.33 factors, or 0.10%, on the open to 34,035.25.

Reporting by Shreyashi Sanyal in Bengaluru; Modifying by Maju Samuel

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