US: Wall Street jumps at open after Omicron-driven rout

[NEW YORK] Wall Street's main indexes opened higher on Monday as investors rushed to take advantage of steep virus-driven losses, while Twitter shares surged on report that chief Jack Dorsey is expected to step down.

The Dow Jones Industrial Average rose 118.37 points, or 0.34 per cent, at the open to 35,017.71.

The S&P 500 opened higher by 34.13 points, or 0.74 per cent, at 4,628.75, while the Nasdaq Composite gained 227.77 points, or 1.47 per cent, to 15,719.42 at the opening bell.

REUTERS