The Business Times

US: Wall St gains on stimulus bets as jobless claims remain high

Published Thu, Oct 8, 2020 · 01:46 PM

[NEW YORK] Wall Street's main indexes opened higher on Thursday as US President Donald Trump signaled progress in negotiations around new fiscal stimulus, while data showed jobless claims remained stubbornly high last week.

The Dow Jones Industrial Average rose 45.40 points, or 0.16 per cent, at the open to 28,348.86.

The S&P 500 opened higher by 14.83 points, or 0.43 per cent, at 3,434.28, while the Nasdaq Composite gained 78.75 points, or 0.69 per cent, to 11,443.35 at the opening bell.

REUTERS

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