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Wall Street opens higher on optimism over Joe Biden spending plan

Tech stocks lifted all three major indexes on Wednesday as investors awaited details on US President Joe Biden's massive infrastructure plan, while Wall Street eyed its fourth straight quarterly gain

wall street

Reuters

(Reuters) - Technology stocks lifted all three major indexes on Wednesday as investors awaited details on U.S. President Joe Biden's massive infrastructure plan, while Wall Street eyed its fourth straight quarterly gain.

The Dow Jones Industrial Average rose 49.1 points, or 0.15%, to 33116.04 at the open. The S&P 500 rose 8.7 points, or 0.22%, to 3967.25, and the Nasdaq Composite rose 77.2 points, or 0.59%, to 13122.573 at the opening bell.

 

(Reporting by Devik Jain in Bengaluru)

 

(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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First Published: Mar 31 2021 | 7:32 PM IST

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