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Wall Street opens higher as investors bet on stimulus-led economic revival

The Dow Jones Industrial Average rose 39.91 points, or 0.15%, at the open to 26,774.62.

Wall Street
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City. Reuters
Reuters
1 min read Last Updated : Jul 17 2020 | 8:21 PM IST
US stocks opened higher on Friday, with the S&P 500 on course for its third straight weekly gain, as investors bet on more official stimulus to drive a post-pandemic economic revival even as domestic coronavirus cases posted another record jump.
 
The Dow Jones Industrial Average rose 39.91 points, or 0.15%, at the open to 26,774.62. The S&P 500 opened higher by 8.64 points, or 0.27%, at 3,224.21, while the Nasdaq Composite gained 26.69 points, or 0.25%, to 10,500.52 at the opening bell.

Topics :CoronavirusWall StreetUS economyStimulus packageUS stocksUS stock marketsS&P Dow JonesS&P 500InvestorsDonald Trumpstock marketCOVID-19