Wall Street opens higher on signs of lockdown easing

0
145


FILE PHOTO: A man crosses a nearly deserted Nassau Street in front of the New York Stock Exchange (NYSE) in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, New York, U.S., April 3, 2020. REUTERS/Mike Segar

(Reuters) – U.S. stock markets jumped at the open on Friday as some states prepared to relax curbs imposed to contain the coronavirus outbreak, with a surprise rise in orders for core U.S.-made capital goods adding to the gains.

The Dow Jones Industrial Average .DJI rose 112.98 points, or 0.48%, at the open to 23,628.24.

The S&P 500 .SPX opened higher by 14.84 points, or 0.53%, at 2,812.64. The Nasdaq Composite .IXIC gained 35.32 points, or 0.42%, to 8,530.08 at the opening bell.

(This story corrects paragraph 1 to say orders rose for “core” U.S. capital goods.)

Reporting by C Nivedita in Bengaluru; Editing by Arun Koyyur



Source : Denver Post