Wall Street opens higher on hopes of stimulus, rebound By Reuters

© Reuters. The spread of the coronavirus disease (COVID-19) in New York

(Reuters) – Wall Street’s main indexes opened higher on Monday following a selloff last week as investors weighed hopes of more stimulus and improving data against a resurgence in global coronavirus cases.

The Dow Jones Industrial Average () rose 136.90 points, or 0.55%, to 25,152.45 at the open. The S&P 500 () opened higher by 9.54 points, or 0.32%, at 3,018.59, while the Nasdaq Composite () gained 14.50 points, or 0.15%, to 9,771.72 at the opening bell.

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