Wall Street opens higher as tech, health stocks rebound

Apple shares rose 1.5 percent to $126.94 and was the biggest driver on the Dow, Nasdaq and S&P 500. The Nasdaq biotech index was up 2.6 percent, snapping a 5-day losing streak and on track for its best day since April 8. Gilead led the gains with a 3 percent increase to $103.53 after its quarterly profit nearly doubled, driven by strong sales of its hepatitis C drugs. "Its a new month and big institutional investors that allocate on a monthly basis are still moving money into the market