Wall Street inches up on recovery hopes despite jump in virus cases
Reuters
Published Jul 08, 2020 06:46
Updated Jul 08, 2020 09:42
(Reuters) - U.S. stocks inched higher at the open on Wednesday as investors weighed early signs of an economic rebound against fears of another lockdown with surging coronavirus cases across the country.
The Dow Jones Industrial Average (DJI) rose 59.88 points, or 0.23%, at the open to 25,950.06. The S&P 500 (SPX) opened higher by 7.75 points, or 0.25%, at 3,153.07, while the Nasdaq Composite (IXIC) gained 65.46 points, or 0.63%, to 10,409.35 at the opening bell.
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Written By: Reuters
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