Wall St. opens higher on upbeat corporate earnings, stimulus hopes

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Wall St. opens higher on upbeat corporate earnings, stimulus hopes
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U.S. stock index futures rose on Tuesday after a better-than-expected quarterly profit from IBM and on hopes for more domestic stimulus to prop up ...

REUTERS: U.S. stocks opened higher on Tuesday following a slate of positive earnings reports from companies including IBM and Coca-Cola and on hopes of domestic stimulus to prop up an economy reeling from the COVID-19 pandemic.

The Dow Jones Industrial Average rose 152.27 points, or 0.57per cent, at the open to 26,833.14, and the S&P 500 opened higher by 16.68 points, or 0.51per cent, at 3,268.52.The Nasdaq Composite gained 70.79 points, or 0.66per cent, to a record high of 10,837.88 at the opening bell.

 

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