US stocks open higher as oil slips; telecoms pressured
U.S. indexes opened higher Friday as oil prices retreated on easing Middle East supply concerns, but telecom shares remained under pressure after SpaceX’s spectrum acquisition raised competitive concerns.
Wall Street's main indexes opened higher on Friday as oil prices eased on easing Middle East supply concerns, while telecom shares stayed under pressure after SpaceX's spectrum acquisition stoked competitive concerns across the sector. 32 points.