May 20, 2020 / 1:34 PM / 11 days ago

US STOCKS SNAPSHOT-Wall St opens higher on hopes of economic recovery

May 20 (Reuters) - U.S. stocks jumped more than 1% at the open on Wednesday on upbeat quarterly earnings reports from retailers and hopes of a recovery from a coronavirus-fueled slump amid signs of more stimulus for ailing sectors.

The Dow Jones Industrial Average rose 249.08 points, or 1.03%, at the open to 24,455.94. The S&P 500 opened higher by 30.69 points, or 1.05%, at 2,953.63, while the Nasdaq Composite gained 120.52 points, or 1.31%, to 9,305.62 at the opening bell. (Reporting by Ambar Warrick in Bengaluru; Editing by Anil D’Silva)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below