Don’t miss the latest developments in business and finance.

Wall Street at all-time highs as investors make risky stimulus bets

Wall Street's main indexes hit record highs on Monday, as investors made risky bets on hopes that a fiscal relief package would lead to a speedy economic recovery.

Wall Street, US stocks
Reuters
1 min read Last Updated : Feb 08 2021 | 8:48 PM IST

(Reuters) - Wall Street's main indexes hit record highs on Monday, as investors made risky bets on hopes that a fiscal relief package would lead to a speedy economic recovery.

The Dow Jones Industrial Average rose 43 points, or 0.14%, at the open to 31,191.2. The S&P 500 rose 5.8 points, or 0.15%, at the open to 3,892.59​, while the Nasdaq Composite rose 80.8 points, or 0.58%, to 13,937.06 at the opening bell.

 

(Reporting by Devik Jain in Bengaluru; Editing by Arun Koyyur)

Also Read

Topics :CoronavirusWall StreetUS economyUS stock market

First Published: Feb 08 2021 | 8:37 PM IST

Next Story