Wall St opens higher as chips recover, megacap earnings loom

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July 20 (Reuters) – Wall Street’s main indexes opened higher on Monday, as chip stocks recovered from last week’s pullback and investors awaited a key slate of earnings from major technology companies that have powered the market’s AI-driven rally.

The Dow Jones Industrial Average rose 8.2 points, or 0.02%, at the open to 52,154.57. The S&P 500 rose 31.5 points, or 0.42%, at the open to 7,489.18 , while the Nasdaq Composite rose 200.6 points, or 0.79%, to 25,720.871 at the opening bell.

(Reporting by Ragini Mathur in Bengaluru; Editing by Shinjini Ganguli)

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