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Wall Street jumps at open on Goldman's profit beat, vaccine hopes

The Dow Jones Industrial Average rose 367.22 points, or 1.38 percent, at the open to 27,009.81.

July 15, 2020 / 07:34 PM IST

Wall Street's main indexes opened sharply higher on Wednesday after Goldman Sachs delivered a strong quarterly profit, while promising early data for a potential COVID-19 vaccine boosted hopes of an economic recovery.

The Dow Jones Industrial Average rose 367.22 points, or 1.38 percent, at the open to 27,009.81.

The S&P 500 opened higher by 28.46 points, or 0.89 percent, at 3,225.98, while the Nasdaq Composite gained 88.14 points, or 0.84 percent, to 10,576.72 at the opening bell.

 
Reuters

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