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Earnings, Microsoft boost Wall Street as investors await stimulus

The Dow Jones Industrial Average rose 114.00 points, or 0.43 percent, at the open to 26,542.32.

August 03, 2020 / 19:38 IST

Wall Street's main indexes opened higher on Monday as Microsoft's pursuit of TikTok's U.S. operations and a clutch of upbeat quarterly earnings reports lifted sentiment in the absence of a fiscal coronavirus relief deal.

The Dow Jones Industrial Average rose 114.00 points, or 0.43 percent, at the open to 26,542.32.

The S&P 500 opened higher by 17.14 points, or 0.52 percent, at 3,288.26. The Nasdaq Composite gained 103.36 points, or 0.96 percent, to 10,848.64 at the opening bell.

 

Reuters
first published: Aug 3, 2020 07:37 pm

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