Wall Street’s main indexes opened higher on Monday as Microsoft’s pursuit of TikTok’s U.S. operations and a clutch of upbeat quarterly earnings reports lifted sentiment in the absence of a fiscal coronavirus relief deal.
FILE PHOTO: The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020.
REUTERS: Wall Street’s main indexes opened higher on Monday as Microsoft’s pursuit of TikTok’s U.S. operations and a clutch of upbeat quarterly earnings reports lifted sentiment in the absence of a fiscal coronavirus relief deal.
The Dow Jones Industrial Average rose 114.00 points, or 0.43per cent, at the open to 26,542.32.
The S&P 500 opened higher by 17.14 points, or 0.52per cent, at 3,288.26. The Nasdaq Composite gained 103.36 points, or 0.96per cent, to 10,848.64 at the opening bell.
