New Delhi, July 6 -- Major US stock indices opened higher on Monday, as chip stocks rebounded, while investors are focused on second quarter earnings.

As of 9:35 a.m. Eastern Time, the S&P 500 rose 0.4%, the Nasdaq Composite gained 0.8%, and the Dow Jones Industrial Average was up or 0.2%.

In the bond market, the yield on the 10-year Treasury fell to 4.47% from 4.49% late Thursday.

Shares of chipmakers Broadcom rose 5.7% and Micron Technology climbed 2.8%.

TeraWulf stock jumped 16.9% after the firm said Anthropic agreed to a 20-year deal to use its data center in Kentucky. The deal is expected to be worth roughly $19 billion.

Published by HT Digital Content Services with permission from MINT....