NEW YORK — Stocks are opening higher on Wall Street led by gains in technology companies and banks.
Sprint soared after a federal judge removed a major obstacle to T-Mobile's takeover of the company.
Under Armour plunged after the athletic gear maker said it anticipates a big financial hit from the viral outbreak in China
The price of oil also rose. The S&P 500 rose 12 points, or 0.4%, to 3,364.
The Dow Jones Industrial Average rose 74 points, or 0.2%, to 29,350 and the Nasdaq rose 34 points, or 0.3%, to 9,659.
Bond prices fell. The 10-year Treasury yield rose to 1.58%.