Stocks open higher as investors focus on recovery hopes over surge in coronavirus cases

Wall Street’s main indexes opened higher on Monday following a selloff last week as investors weighed hopes of more stimulus and improving data against a resurgence in global coronavirus cases.

The Dow Jones Industrial Average rose 136.90 points, or 0.55 per cent, to 25,152.45 at the open. The S&P 500 opened higher by 9.54 points, or 0.32 per cent, at 3,018.59, while the Nasdaq Composite gained 14.50 points, or 0.15 per cent, to 9,771.72 at the opening bell. The TSX was up 13 points at 15,202.

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