US: Wall Street opens higher on economic rebound hopes

[BENGALURU] Wall Street's main indexes opened higher on Monday, building on last week's rally after a surprise rebound in jobs bolstered views that the US economy has weathered the worst of the economic fallout from the Covid-19 pandemic.

The Dow Jones Industrial Average rose 121.95 points or 0.45 per cent at the open to 27,232.93.

The S&P 500 opened higher by 5.99 points or 0.19 per cent at 3,199.92. The Nasdaq Composite gained 9.36 points or 0.10 per cent to 9,823.44 at the opening bell.

REUTERS

GET BT IN YOUR INBOX DAILY

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

Sign UpVIEW ALL