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

June 29, 2020 Forexmoneyworld Stock News Comments Off on 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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