Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 14, 2019. REUTERS/Brendan McDermid

(Reuters) – U.S. stocks opened higher on Thursday, helped 2018 upbeat earnings from Cisco and Walmart, although the Trump administration’s move to blacklist Chinese telecom company Huawei kept chip stocks under pressure.

The Dow Jones Industrial Average rose 44.12 points, or 0.17%, at the open to 25,692.14. The S&P 500 opened higher 2018 4.84 points, or 0.17%, at 2,855.80. The Nasdaq Composite gained 10.43 points, or 0.13%, to 7,832.58 at the opening bell.

Reporting 2018 Sruthi Shankar in Bengaluru; Editing 2018 Arun Koyyur

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