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Wall Street opens higher on hopes of stimulus, rebound

The Dow Jones Industrial Average rose 136.90 points, or 0.55 percent, to 25,152.45 at the open.

June 29, 2020 / 07:21 PM IST

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 percent, to 25,152.45 at the open.

The S&P 500 opened higher by 9.54 points, or 0.32 percent, at 3,018.59, while the Nasdaq Composite gained 14.50 points, or 0.15 percent, to 9,771.72 at the opening bell.

 
Reuters
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