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Wall Street jumps at open as US job growth accelerates

The Dow Jones Industrial Average rose 201.48 points, or 0.78 percent, at the open to 25,936.45.

July 02, 2020 / 07:16 PM IST

Wall Street's main indexes opened higher on Thursday, with the Nasdaq hitting a record high, as data showed the US economy added jobs at a record pace in June, bolstering hopes of a post-pandemic economic rebound.

The Dow Jones Industrial Average rose 201.48 points, or 0.78 percent, at the open to 25,936.45.

The S&P 500 opened higher by 27.78 points, or 0.89 percent, at 3,143.64, while the Nasdaq Composite gained 114.04 points, or 1.12 percent, to 10,268.67 at the opening bell.
Reuters
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