The Business Times

US: Stocks open higher, Dow and Nasdaq both up 1.1%

Published Wed, Apr 8, 2020 · 01:50 PM

[NEW YORK] Wall Street stocks rose early Wednesday as markets weighed the latest figures on the coronavirus against the prospects for additional measures to prop up the economy.

About five minutes into trading, the Dow Jones Industrial Average stood at 22,903.26, up 1.1 per cent.

The broad-based S&P 500 gained 1.0 per cent to 2,686.75, while the tech-rich Nasdaq Composite Index advanced 1.2 per cent to 7,983.68.

AFP

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

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here