Wall Street opens higher on economic rebound hopes

New York Stock Exchange opens during COVID-19

(Reuters) – Wall Street’s main indexes opened higher on Monday, building on last week’s rally after a surprise rebound in jobs bolstered views that the U.S. economy has weathered the worst of the economic fallout from the COVID-19 pandemic.

The Dow Jones Industrial Average rose 121.95 points, or 0.45%, at the open to 27,232.93.

qatar airways

The S&P 500 opened higher by 5.99 points, or 0.19%, at 3,199.92. The Nasdaq Composite gained 9.36 points, or 0.10%, to 9,823.44 at the opening bell.

(Reporting by Devik Jain in Bengaluru; Editing by Shounak Dasgupta)