Wall Street opens higher on hopes of vaccine-fueled recovery

Investors hoped that Covid-19 vaccine rollouts and a bigger fiscal aid would help the world's largest economy recover

markets, stocks, stock market, coronavirus
Source: Shutterstock
Reuters
1 min read Last Updated : Dec 30 2020 | 8:18 PM IST
U.S. stocks opened higher on Wednesday as investors hoped that Covid-19 vaccine rollouts and a bigger fiscal aid would help the world’s largest economy recover from a pandemic-fueled slump in 2021.

The Dow Jones Industrial Average rose 79.42 points, or 0.26%, at the open to 30,415.09. The S&P 500 opened higher by 9.15 points, or 0.25%, at 3,736.19, while the Nasdaq Composite gained 56.29 points, or 0.44%, to 12,906.51 at the opening bell.

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Topics :Wall StreetDow Jones Industrial AverageS&P 500

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