The three major U.S. stock indexes opened higher, with Trump Media & Technology Group rising 1.3%.

BlockBeats News, on June 16, U.S. stock markets opened with gains as the three major indices rose. The Dow Jones Industrial Average increased by 0.48%, the S&P 500 Index climbed 0.56%, and the Nasdaq rose 0.7%.

Trump Media & Technology Group (DJT.O) gained 1.3% as the company launched its own branded mobile network.