Wall Street opens higher as focus turns to stimulus, corporate earnings

Wall Street's main indexes opened higher, as investors looked to corporate earnings and signs of progress on a pandemic-relief package after data suggested the labor market was stabilizing.

wall street
Reuters
1 min read Last Updated : Feb 04 2021 | 8:51 PM IST

(Reuters) - Wall Street's main indexes opened higher on Thursday, as investors looked to corporate earnings and signs of progress on a pandemic-relief package after data suggested the labor market was stabilizing.

The Dow Jones Industrial Average rose 14.2 points, or 0.05%, at the open to 30737.78. The S&P 500 rose 6.5 points, or 0.17%, at the open to 3836.66​, while the Nasdaq Composite rose 63.5 points, or 0.47%, to 13,674.06 at the opening bell.

 

(Reporting by Devik Jain in Bengaluru; Editing by Arun Koyyur)

(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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Topics :Wall Streetcorporate earningsUS economyUS markets

First Published: Feb 04 2021 | 8:43 PM IST

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