AIRLINK 169.98 Decreased By ▼ -0.59 (-0.35%)
BOP 11.29 Increased By ▲ 0.11 (0.98%)
CNERGY 8.51 Increased By ▲ 0.10 (1.19%)
CPHL 100.21 Increased By ▲ 0.48 (0.48%)
FCCL 46.50 Decreased By ▼ -0.10 (-0.21%)
FFL 15.46 Increased By ▲ 0.31 (2.05%)
FLYNG 27.75 Increased By ▲ 0.20 (0.73%)
HUBC 142.20 Increased By ▲ 4.42 (3.21%)
HUMNL 12.82 Decreased By ▼ -0.10 (-0.77%)
KEL 4.51 Decreased By ▼ -0.03 (-0.66%)
KOSM 5.40 Increased By ▲ 0.04 (0.75%)
MLCF 63.10 Increased By ▲ 0.70 (1.12%)
OGDC 212.57 Increased By ▲ 0.41 (0.19%)
PACE 5.38 Decreased By ▼ -0.04 (-0.74%)
PAEL 46.70 Decreased By ▼ -0.48 (-1.02%)
PIAHCLA 18.19 Decreased By ▼ -0.29 (-1.57%)
PIBTL 10.90 Increased By ▲ 0.54 (5.21%)
POWER 12.30 Decreased By ▼ -0.03 (-0.24%)
PPL 170.64 Increased By ▲ 1.04 (0.61%)
PRL 36.12 Increased By ▲ 0.27 (0.75%)
PTC 23.20 Increased By ▲ 0.11 (0.48%)
SEARL 97.00 Increased By ▲ 0.74 (0.77%)
SSGC 41.27 Increased By ▲ 1.75 (4.43%)
SYM 13.82 Decreased By ▼ -0.02 (-0.14%)
TELE 7.13 Decreased By ▼ -0.02 (-0.28%)
TPLP 10.06 Increased By ▲ 0.03 (0.3%)
TRG 63.99 Increased By ▲ 0.51 (0.8%)
WAVESAPP 10.05 Increased By ▲ 0.06 (0.6%)
WTL 1.31 No Change ▼ 0.00 (0%)
YOUW 3.70 Increased By ▲ 0.04 (1.09%)
BR100 12,414 Increased By 109 (0.89%)
BR30 37,809 Increased By 394 (1.05%)
KSE100 115,736 Increased By 882.4 (0.77%)
KSE30 35,490 Increased By 273.1 (0.78%)

WASHINGTON: US stocks opened mostly higher on Tuesday as a rally in chip stocks halted and investors took stock of what a Donald Trump presidency could mean for the financial markets.

Around 10 minutes into trading, the Dow Jones Industrial Average was up 0.5 percent at 42,907.10, while the broad-based S&P 500 Index rose 0.2 percent to 5,987.27.

The tech-heavy Nasdaq Composite Index was mostly flat at 19,871.38.

“We have a situation now where investors are looking for the next bullish catalyst to come out,” Adam Sarhan from 50 Park Investments told AFP.

“The market’s holding its breath” and waiting to see what Trump’s policies will actually be, he added.

Wall St hits one-week high after report of selective Trump tariffs

Among individual firms, chip titan Nvidia’s share price oscillated in early trading.

And the electric vehicle firm Tesla saw its share price fall in early trading on a downgrade from Bank of America, before shaking off its losses to return to growth.

Comments

200 characters