Wall Street gains on stimulus bets as jobless claims remain high

The Dow Jones Industrial Average rose 45.40 points, or 0.16%, at the open to 28,348.86

Wall Street
FILE PHOTO: A trader works on the floor of the New York Stock Exchange (NYSE) in New York City. Reuters
Reuters
1 min read Last Updated : Oct 08 2020 | 8:39 PM IST
Wall Street's main indexes opened higher on Thursday as US President Donald Trump signaled progress in negotiations around new fiscal stimulus, while data showed jobless claims remained stubbornly high last week.
 
The Dow Jones Industrial Average rose 45.40 points, or 0.16%, at the open to 28,348.86.
 
The S&P 500 opened higher by 14.83 points, or 0.43%, at 3,434.28, while the Nasdaq Composite gained 78.75 points, or 0.69%, to 11,443.35 at the opening bell.

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Topics :CoronavirusWall StreetDonald Trump

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