The three major US indices opened higher, with some memory concept stocks gaining strength.

TechFlow reports that on November 2, according to Bitget market data, US stocks opened with the Dow Jones up 0.68%, the S&P 500 gaining 0.48%, and the Nasdaq rising 0.68%. Several memory-related stocks rallied, with SK Hynix (SKHY.O) up 2.4% and Micron Technology (MU.O) climbing 0.3%. Oracle, set to issue $10 billion in bonds, dropped 4.1% early in trading; shares of Marvell Technology (MRVL.O), which plans to acquire Lumentum (LITE.O), fell 3.4% and 6.2% respectively.