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Wall Street opens higher on hopes of Covid-19 vaccine, stimulus deal

The Dow Jones Industrial Average rose 27.24 points, or 0.10%, at the open to 28,633.55

coronavirus, wall street, markets
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Reuters New York
Wall Street’s main indexes opened higher on Monday on hopes of a coronavirus vaccine by the year-end, while investors were also encouraged by signs an agreement in Washington on a fiscal package could be reached soon.

The Dow Jones Industrial Average rose 27.24 points, or 0.10 per cent, at the open to 28,633.55.

The S&P 500 opened higher by 9.85 points, or 0.28 per cent, at 3,493.66, while the Nasdaq Composite gained 60.78 points, or 0.52 per cent, to 11,732.34 at the opening bell.

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First Published: Oct 19 2020 | 8:49 PM IST

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