You are here

US: Wall St opens higher led by banks, travel stocks

[NEW YORK] Wall Street surged at the open on Monday following the longest weekly losing streak in a year for the S&P 500 and the Dow, with investors piling into shares of beaten-down sectors, including banks and travel.

The Dow Jones Industrial Average rose 188.18 points, or 0.69 per cent, at the open to 27,362.14.

The S&P 500 opened higher by 35.44 points, or 1.07 per cent, at 3,333.90. The Nasdaq Composite gained 170.82 points, or 1.57 per cent, to 11,084.38 at the opening bell.


BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to