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Wall Street opens higher shrugging off bleak GDP, jobless claims data

The Dow Jones Industrial Average rose 74.0 points, or 0.24 percent, at the open to 30377.19.

January 28, 2021 / 08:32 PM IST
Source: Reuters

Source: Reuters

Wall Street's main indexes opened higher on Thursday, shrugging off data which showed another sharp contraction in the U.S. economy and a rise in weekly jobless claims.

The Dow Jones Industrial Average rose 74.0 points, or 0.24 percent, at the open to 30377.19.

The S&P 500 rose 5.0 points, or 0.13 percent, at the open to 3755.75, while the Nasdaq Composite rose 52.7 points, or 0.40 percent, to 13323.294 at the opening bell.

 
Reuters
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