US: Wall Street jumps at open after previous session's rout
Published Fri, Jun 12, 2020 · 01:41 PM
[BENGALURU] US stocks opened sharply higher on Thursday, a day after their biggest one-day dive in about three months on fears of a resurgence in coronavirus infections.
The Dow Jones Industrial Average rose 531.25 points or 2.11 per cent at the open to 25,659.42.
The S&P 500 opened higher by 68.94 points or 2.30 per cent at 3,071.04. The Nasdaq Composite gained 223.14 points or 2.35 per cent to 9,715.87 at the opening bell.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Yen surges against US dollar on suspected intervention
Singapore stocks start week in the black ahead of Fed meeting; STI up 0.1%
Sembcorp announces long-term power purchase agreements with Equinix
Asia: Shares rise as Fed looms large; yen crumbles below key level
Singapore stocks decline at Monday’s open; STI down 0.3%
Stocks to watch: Singtel, Keppel, Great Eastern, Seatrium, Best World