---
title: "US STOCKS SNAPSHOT-S&P 500, Nasdaq open higher as chip stocks extend rally"
description: "Jan 16 (Reuters) -The S&P 500 and the Nasdaq opened stronger on Friday as chipmakers returned to the driver’s seat in a volatile week that also marked the start of the fourth-quarter earnings season.T"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/272849740.md"
published_at: "2026-01-16T14:32:36.000Z"
---

# US STOCKS SNAPSHOT-S&P 500, Nasdaq open higher as chip stocks extend rally

> Jan 16 (Reuters) -The S&P 500 and the Nasdaq opened stronger on Friday as chipmakers returned to the driver’s seat in a volatile week that also marked the start of the fourth-quarter earnings season.The Dow Jones Industrial Average (.DJI) rose 24.3 points, or 0.05%, at the open to 49466.7. The S&P 500 (.SPX) rose 16.1 points, or 0.23%, to 6960.54 , while the Nasdaq Composite (.IXIC) rose 109.7 points, or 0.47%, to 23639.687.

Jan 16 (Reuters) -

The S&P 500 and the Nasdaq opened stronger on Friday as chipmakers returned to the driver’s seat in a volatile week that also marked the start of the fourth-quarter earnings season.

The Dow Jones Industrial Average (.DJI) rose 24.3 points, or 0.05%, at the open to 49466.7. The S&P 500 (.SPX) rose 16.1 points, or 0.23%, to 6960.54 , while the Nasdaq Composite (.IXIC) rose 109.7 points, or 0.47%, to 23639.687.

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.