You are here

US: Wall Street opens higher on hopes of monetary stimulus

doc7715nqrainsug3l77lk_doc75jxm97o38mrpp3wm62.jpg
US stocks opened higher for the fourth straight session on Monday, as mixed global economic data lifted expectations of monetary stimulus from central banks, including the US Federal Reserve.

[NEW YORK] US stocks opened higher for the fourth straight session on Monday, as mixed global economic data lifted expectations of monetary stimulus from central banks, including the US Federal Reserve.

The Dow Jones Industrial Average rose 68.77 points, or 0.26 per cent, at the open to 26,866.23.

The S&P 500 opened higher by 9.72 points, or 0.33 per cent, at 2,988.43. The Nasdaq Composite gained 27.84 points, or 0.34 per cent, to 8,130.91 at the opening bell.

REUTERS

sentifi.com

Market voices on: