US: Wall St opens higher in countdown to Trump presidency

WALL Street’s main indexes opened higher on Friday (Jan 17), with the S&P 500 and the Dow looking set to log their biggest weekly gains since November, as investors anticipate a wave of policy changes under the incoming Trump administration.

The Dow Jones Industrial Average rose 159.4 points, or 0.37 per cent, at the open to 43,312.55.

The S&P 500 rose 58.1 points, or 0.98 per cent, to 5,995.4, while the Nasdaq Composite rose 317.3 points, or 1.64 per cent, to 19,655.546. REUTERS