Wall Street opens higher on vaccine hopes, China's robust factory data
The S&P 500 opened higher by 36.20 points, or 1.00%, at 3,657.83, while the Nasdaq Composite gained 80.77 points, or 0.66%, to 12,279.51
- Dec 1, 2020,
- Updated Dec 1, 2020 9:32 PM IST
Wall Street's main indexes opened higher on Tuesday as better-than-expected factory data from China and hopes that a COVID-19 vaccine will be rolled out before the end of the year bolstered bets of a speedy economic recovery.
The Dow Jones Industrial Average rose 302.86 points, or 1.02% to 29,941.01.
The S&P 500 opened higher by 36.20 points, or 1.00%, at 3,657.83, while the Nasdaq Composite gained 80.77 points, or 0.66%, to 12,279.51.
Also Read: Unilever experiments four-day working week in New Zealand
Also Read: TCS deploys supply chain solution to double India's COVID-19 testing capacity
Wall Street's main indexes opened higher on Tuesday as better-than-expected factory data from China and hopes that a COVID-19 vaccine will be rolled out before the end of the year bolstered bets of a speedy economic recovery.
The Dow Jones Industrial Average rose 302.86 points, or 1.02% to 29,941.01.
The S&P 500 opened higher by 36.20 points, or 1.00%, at 3,657.83, while the Nasdaq Composite gained 80.77 points, or 0.66%, to 12,279.51.
Also Read: Unilever experiments four-day working week in New Zealand
Also Read: TCS deploys supply chain solution to double India's COVID-19 testing capacity