US: Wall Street rises at open on stimulus optimism

Published Fri, Oct 9, 2020 · 01:39 PM

    [BENGALURU] Wall Street's main indexes opened higher on Friday, setting up the S&P 500 and the Dow for their second straight weekly gain on hopes of more fiscal aid and growing expectations of a Democratic victory in next month's presidential election.

    The Dow Jones Industrial Average rose 108.10 points or 0.38 per cent at the open to 28,533.61.

    The S&P 500 opened higher by 12.84 points or 0.37 per cent at 3,459.67, while the Nasdaq Composite gained 66.62 points or 0.58 per cent to 11,487.60 at the opening bell.

    REUTERS

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