Wall Street opens sharply higher as technology, growth stocks rebound

Wall Street's main indexes opened higher on Tuesday, as solid retail sales data and a clutch of strong forecasts added to an upbeat global mood driven by hopes of easing crackdown on tech firms and Covid-19 in China.

The Dow Jones Industrial Average rose 203.58 points, or 0.63%, at the open to 32,427.00.

The S&P 500 opened higher by 43.99 points, or 1.10%, at 4,052.00, while the Nasdaq Composite gained 242.78 points, or 2.08%, to 11,905.57 at the opening bell.