Wall Street opens higher as oil prices jump | Reuters

U.S. stocks opened higher on Friday as a cold wave across the United States and Europe helped oil prices surge for a second day.

European Central Bank President Mario Draghi's remarks on Thursday suggesting the bank could ease its monetary policy in March also encouraged investors.

The Dow Jones industrial average rose 120.6 points, or 0.76 percent, to 16,003.28, the S&P 500 gained 18.76 points, or 1 percent, to 1,887.75 and the Nasdaq Composite index added 82.24 points, or 1.84 percent, to 4,554.30.

(Reporting by Sai Sachin R in Bengaluru; Editing by Saumyadeb Chakrabarty)

This story has not been edited by Firstpost staff and is generated by auto-feed.


Updated Date: Jan 23, 2016 04:30 AM

Also Watch

Social Media Star: Abhishek Bachchan, Varun Grover reveal how they handle selfies, trolls and broccoli
  • Monday, July 16, 2018 It's a Wrap: Soorma star Diljit Dosanjh and Hockey legend Sandeep Singh in conversation with Parul Sharma
  • Monday, July 16, 2018 Watch: Dalit man in Uttar Pradesh defies decades of prejudice by taking out baraat in Thakur-dominated Nizampur village
  • Monday, July 16, 2018 India's water crisis: After govt apathy, Odisha farmer carves out 3-km canal from hills to tackle scarcity in village
  • Sunday, July 15, 2018 Maurizio Sarri, named as new Chelsea manager, is owner Roman Abramovich's latest gamble in quest for 'perfect football'

Also See