US: Nasdaq jumps at open as tech stocks snap back
[NEW YORK] Wall Street's main indexes opened higher on Wednesday as signs of a working Covid-19 vaccine raised hopes of a faster-than-expected economic rebound, with technology stocks bouncing back from steep losses this week.
The Nasdaq Composite gained 102.79 points, or 0.89 per cent, to 11,656.65 at the opening bell.
The Dow Jones Industrial Average rose 103.43 points, or 0.35 per cent to 29,524.35.
The S&P 500 opened higher by 17.69 points, or 0.50 per cent, at 3,563.22. REUTERS
KEYWORDS IN THIS ARTICLE
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
Stocks to watch: Wilmar, MLT, FEHT, CDLHT, Starhill Global Reit, IReit Global
Europe: Stocks eke out gains after German inflation data; Deutsche Bank drops
US: Stocks end higher, extending rally
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