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Companies & Markets

US: Wall Street jumps at open on stimulus hopes

Published Thu, Oct 1, 2020 · 01:39 PM
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[BENGALURU] Wall Street's main indexes jumped at the open on Thursday as investors bet on more fiscal stimulus after data showed a recovery in the labour market was cooling.

The Dow Jones Industrial Average rose 158.93 points or 0.57 per cent at the open to 27,940.63.

The S&P 500 opened higher by 22.87 points or 0.68 per cent at 3,385.87, while the Nasdaq Composite gained 124.49 points or 1.11 per cent to 11,291.99 at the opening bell.

REUTERS

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