You are here

US: Wall Street opens higher on renewed hopes of stimulus deal


[NEW YORK] Wall Street's main indexes opened higher on Monday on hopes of a coronavirus vaccine by the year-end, while investors were also encouraged by signs an agreement in Washington on a fiscal package could be reached soon.

The Dow Jones Industrial Average rose 27.24 points, or 0.10 per cent, at the open to 28,633.55.

The S&P 500 opened higher by 9.85 points, or 0.28 per cent, at 3,493.66, while the Nasdaq Composite gained 60.78 points, or 0.52 per cent, to 11,732.34 at the opening bell.


BT is now on Telegram!

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