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Wall Street opens higher on recovery optimism

The Dow Jones Industrial Average rose 303.52 points, or 1.21 percent, at the open to 25,298.63.

May 27, 2020 / 07:29 PM IST

US stock indexes gained at the open on Wednesday as a pickup in business activity fueled hopes of a post-pandemic economic recovery, while investors remained cautious about brewing US-China tensions.

The Dow Jones Industrial Average rose 303.52 points, or 1.21 percent, at the open to 25,298.63.

The S&P 500 opened higher by 23.88 points, or 0.80 percent, at 3,015.65, and the Nasdaq Composite gained 5.90 points, or 0.06 percent, to 9,346.12 at the opening bell.

 
Reuters
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