Stocks open higher on Wall Street, S&P 500 nears record high
NEW YORK (AP) — Stocks are nudging higher in the early going on Wall Street Tuesday, pushing the S&P 500 index slightly over the record high close it reached in February. Technology companies again led the way higher. Business software maker Oracle climbed following a report that it was interested in making its own bid to acquire the U.S. operations of TikTok, a Chinese video app. Homebuilders rose after the government reported that construction of new homes soared 22.6% last month. It was the third straight month of gains after construction plunged in March and April as the coronavirus outbreak paralyzed the economy.
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