Wall Street opens at record high on stimulus, recovery bets

FILE PHOTO: The Fearless Girl statue is seen outside the New York Stock Exchange (NYSE) in New York, U.S., February 12, 2021. REUTERS/Brendan McDermid

(Reuters) – Wall Street’s main indexes opened at all-time highs on Tuesday, with investors piling into economically sensitive stocks on hopes of more fiscal aid to lift the world’s biggest economy from a coronavirus-driven slump.

The Dow Jones Industrial Average rose 13.7 points, or 0.04%, at the open to 31472.08. The S&P 500 rose 4.8 points, or 0.12%, at the open to 3939.61, while the Nasdaq Composite rose 56.7 points, or 0.40%, to 14152.215 at the opening bell.

Reporting by Devik Jain in Bengaluru; Editing by Anil D’Silva

Source: Reuters

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