Capital Gain

Wall Street opens higher on J&J vaccine cheer, stimulus optimism

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(Reuters) – Wall Street’s major averages opened higher on Monday as bond calmed after a month-long selloff, while encouraging updates on the vaccine and stimulus fronts strengthened bets over a swift economic recovery.


The Dow Jones Industrial Average rose 133.5 points, or 0.43%, at the open to 31065.9. The S&P 500 rose 31.4 points, or 0.82% to 3842.51​, while the Nasdaq Composite rose 213.8 points, or 1.62%, to 13406.162 at the opening bell.



 


(Reporting by Shashank Nayar in Bengaluru; Editing by Sriraj Kalluvila)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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