The Business Times

US: Wall St jumps at open as US job growth accelerates

Published Thu, Jul 2, 2020 · 01:54 PM

[NEW YORK] Wall Street's main indexes opened higher on Thursday, with the Nasdaq hitting a record high, as data showed the US economy added jobs at a record pace in June, bolstering hopes of a post-pandemic economic rebound.

The Dow Jones Industrial Average rose 201.48 points, or 0.78 per cent, at the open to 25,936.45.

The S&P 500 opened higher by 27.78 points, or 0.89 per cent, at 3,143.64, while the Nasdaq Composite gained 114.04 points, or 1.12 per cent, to 10,268.67 at the opening bell.

REUTERS

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