US opens higher as earnings season continues

Wednesday, 20. October 2021 15:30

Major stock markets in the United States opened higher on Wednesday, as investors digested the latest quarterly corporate earnings reports. Verizon, Abbot Labs, and Biogen were among the companies that released their earnings, while Tesla and IBM will unveil theirs after markets close.

Meanwhile, the White House unveiled its plan to vaccinate kids against coronavirus if the federal regulators approve the shot for those aged five to 12 years old.

The Dow Jones started 0.12% in the green, as United Health Group jumped 1.56%. The Nasdaq 100 was up by 0.23% at the opening bell, with Pinduoduo rising 4.02%. The S&P 500 began 0.18% higher, led by Abbott Laboratories gaining 3.88%. The euro stood flat against the dollar trading for $1.16395 at 9:31 am ET.

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