The US stock market opened higher on Friday, driven by strong performances from Broadcom Inc. and Costco Wholesale Corp., which reported significant increases in their last-quarter revenues.
The Dow Jones Industrial Average rose by 0.13%, with Salesforce Inc. leading the way, expanding by 1.50% at 9:01 am ET. Meanwhile, the Nasdaq 100 surged by 0.84%, or 180 points, reaching a new intraday all-time high. The S&P 500 also gained 0.33%, with Broadcom being the top performer, soaring by 18.98% at the same time.
The euro strengthened by 0.28% against the dollar, trading at $1.04963 at 9:28 am ET.
Comments