The Business Times

US: Wall Street opens higher on recovery optimism

Published Wed, Jun 3, 2020 · 01:43 PM

[WASHINGTON] US stocks opened higher on Wednesday as investors remained optimistic about an economic rebound from a coronavirus-led slump amid continuing civil unrest in the country.

The Dow Jones Industrial Average rose 164.23 points, or 0.64 per centr, at the open to 25,906.88.

The S&P 500 opened higher by 18.08 points, or 0.59 per cent, at 3,098.90, while the Nasdaq Composite gained 43.49 points, or 0.45 per cent, to 9,651.86 at the opening bell.

REUTERS

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