US stocks open higher on massive Fed stimulus plan | Malay Mail

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NEW YORK, April 9 — Wall Street stocks rose early today as the Federal Reserve unveiled another round of massive stimulus even as another 6.6 million US workers filed jobless claims spiked due to business closures to counter the coronavirus. About 15 minutes after trading, the Dow Jones...

In this file photo the Wall Street street sign is seen on March 23, 2020 in New York City. — AFP pic

About 15 minutes after trading, the Dow Jones Industrial Average stood at 23,904.86, up 2.0 per cent. The gains came after US labour data showed another surge of workers requesting unemployment benefits last week, taking the total over the last three weeks to nearly 17 million.

 

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