Major US stock indices rose at the open on Thursday after TSMC’s blockbuster earnings sparked a rally in chip shares.
Investors parsed earnings from Morgan Stanley and Goldman Sachs.
At the opening bell, the Dow Jones Industrial Average rose 51.5 points, or 0.10%, to 49,201.1. The S&P 500 rose 42.9 points, or 0.62%, to 6,969.46, while the Nasdaq Composite rose 222.2 points, or 0.95%, to 23,693.969.
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