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US: Stocks open higher, extending rally

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Wall Street stocks rose in opening trading Tuesday, as investors continue to bet on a solid economy recovery from the sharp downturn due to coronavirus shutdowns.

[NEW YORK] Wall Street stocks rose in opening trading Tuesday, as investors continue to bet on a solid economy recovery from the sharp downturn due to coronavirus shutdowns.

The tech-rich Nasdaq Composite Index was on track for a seventh straight gain, climbing 0.1 per cent to 9,203.55 in the opening moments of trading.

The Dow Jones Industrial Average climbed 0.4 per cent to 24,324.92, while the broad-based S&P 500 advanced 0.2 per cent to 2,935.02.

AFP

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