April 8 (Reuters) – Wall Street’s main indexes opened higher on Wednesday after the U.S. and Iran agreed to a two-week ceasefire, sending crude prices lower on expectations that energy supplies through the Strait of Hormuz could resume.
The Dow Jones Industrial Average rose 393.7 points, or 0.85%, at the open to 46,978.17. The S&P 500 rose 137.5 points, or 2.08%, at the open to 6,754.36, while the Nasdaq Composite rose 803.4 points, or 3.65%, to 22,821.209 at the opening bell.
(Reporting by Purvi Agarwal in Bengaluru; Editing by Shinjini Ganguli)
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