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US STOCKS SNAPSHOT-Wall Street opens higher on renewed hopes of stimulus deal

Credit: REUTERS/Brendan McDermid

Wall Street's main indexes opened higher on Monday on hopes of a coronavirus vaccine by the year-end, while investors were also encouraged by signs an agreement in Washington on a fiscal package could be reached soon.

Oct 19 (Reuters) - Wall Street's main indexes opened higher on Monday on hopes of a coronavirus vaccine by the year-end, while investors were also encouraged by signs an agreement in Washington on a fiscal package could be reached soon.

The Dow Jones Industrial Average .DJI rose 27.24 points, or 0.10%, at the open to 28,633.55.

The S&P 500 .SPX opened higher by 9.85 points, or 0.28%, at 3,493.66, while the Nasdaq Composite .IXIC gained 60.78 points, or 0.52%, to 11,732.34 at the opening bell.

(Reporting by Medha Singh in Bengaluru; Editing by Shounak Dasgupta)

((Medha.Singh@thomsonreuters.com; within U.S. +1646 223 8780, outside U.S. +91 80 6182 2802; Twitter: https://twitter.com/medhasinghs))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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