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Wall St opens higher as chip stocks rebound, Middle East tensions ease

By Thomson Reuters Jun 8, 2026 | 8:35 AM

June 8 (Reuters) – Wall Street’s main indexes opened ​higher on ‌Monday, bouncing back from a sharp selloff in the ‌prior ​session, ⁠aided by ⁠a recovery in chip stocks and signs of easing ​tensions in the Middle ⁠East.

The ⁠Dow Jones Industrial ​Average rose 130.5 ​points, or 0.26%, ‌to 50,997.23. The S&P 500 rose 56.8 ⁠points, or 0.77%, to 7,440.57, while the ⁠Nasdaq ‌Composite rose ⁠355.6 points, ​or ‌1.38%, to 26,065.071 ​at the ⁠opening bell.

(Reporting by Joel Jose in Bengaluru; Editing by Devika ​Syamnath)