US: Wall Street opens higher on renewed hopes of stimulus deal

[NEW YORK] Wall Street's main indexes opened higher on Monday on hopes of a coronavirus vaccine by the year-end, while investors were also encouraged by signs an agreement in Washington on a fiscal package could be reached soon.

The Dow Jones Industrial Average rose 27.24 points, or 0.10 per cent, at the open to 28,633.55.

The S&P 500 opened higher by 9.85 points, or 0.28 per cent, at 3,493.66, while the Nasdaq Composite gained 60.78 points, or 0.52 per cent, to 11,732.34 at the opening bell.

REUTERS