HomeBusinessWall Street jumps at the open on coronavirus vaccine hopes

Wall Street jumps at the open on coronavirus vaccine hopes

(Reuters) – U.S. stock indexes shot up in early trade on Monday as encouraging data from a potential COVID-19 vaccine trial fueled optimism, while investors also counted on more stimulus to rescue the economy from a virus-driven slump.

The Dow Jones Industrial Average .DJI rose 374.56 points, or 1.58%, at the open to 24,059.98.

The S&P 500 .SPX opened higher by 68.68 points, or 2.40%, at 2,932.38 after the open. The Nasdaq Composite .IXIC gained 162.59 points, or 1.80%, to 9,177.15.

- Advertisment -spot_img

Must Read

IMEI number of mobile phones required to be registered

Leader of Tatmadaw Information Team, Major General Zaw Min Tun confirmed during the press conference held on 19 May that mobile phone importers will...
spot_img