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U.S. Stock Market Opens Mixed; Tech Stocks Show Divergent Moves

GateNews
StocksIndices

Gate News message, April 16 — U.S. stock indices opened higher on April 16, with the Dow Jones up 0.16%, the S&P 500 (U.S. benchmark index) up 0.2%, and the Nasdaq up 0.17%.

TSMC fell 1.82% at the open despite reporting a 58% surge in first-quarter profits. The chipmaker guided second-quarter revenue to between $39 billion and $40.2 billion. Oracle rose 3.35% following the company's announcement of a partnership with Amazon Web Services.

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