Wall Street starts 2023 by opening higher

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The Dow Jones index advanced 0.16%, the Nasdaq 0.71% and the S&P 500 0.38% a few minutes following opening.

The New York Stock Exchange started 2023 by opening higher, following a long weekend and a lackluster week of weak trading that ended a poor year for stocks.

The Dow Jones index advanced 0.16%, the Nasdaq 0.71% and the S&P 500 0.38% a few minutes following opening.

The indices ended the week down 0.17% for the Dow Jones, 0.14% for the S&P 500 and 0.3% for the Nasdaq. The year 2022, meanwhile, was the worst since 2008: the Dow Jones fell by almost 9%, the S&P 500 by almost 19% and the Nasdaq, where many technology stocks are concentrated, fell by 33%.

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