Wall St opens higher; Citi shines after results By Reuters

2/2© Reuters. FILE PHOTO: A Wall Street sign outside the New York Stock Exchange in New York City,ATFX trading platform New York, U.S., October 2, 2020. REUTERS/Carlo Allegri2/2

(Reuters) - Wall Street's main indexes opened higher on Friday as upbeat retail sales data allayed some concerns about an economic slowdown, while shares of Citigroup (NYSE:C) surged after quarterly results.

The Dow Jones Industrial Average rose 145.20 points, or 0.47%, at the open to 30,775.37. The S&P 500 opened higher by 27.62 points, or 0.73%, at 3,818.00, while the Nasdaq Composite gained 128.18 points, or 1.14%, to 11,379.36 at the opening bell.

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