Wall St. opens higher after upbeat Cisco, Walmart earnings – Investing.com

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© Reuters. Traders work on the floor at the NYSE in New York

(Reuters) – U.S. stocks opened higher on Thursday, helped by upbeat earnings from Cisco (NASDAQ:) and Walmart (NYSE:), although the Trump administration’s move to blacklist Chinese telecom company Huawei kept chip stocks under pressure.

The rose 44.12 points, or 0.17%, at the open to 25,692.14. The opened higher by 4.84 points, or 0.17%, at 2,855.80. The gained 10.43 points, or 0.13%, to 7,832.58 at the opening bell.

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