Wall St opens at record high on fiscal aid relief, vaccine optimism

FILE PHOTO: A man wearing a protective face mask walks by 14 Wall Street, as the global outbreak of the coronavirus disease (COVID-19) continues, in the financial district of New York, U.S., November 19, 2020. REUTERS/Shannon Stapleton

(Reuters) – Wall Street’s main indexes opened at record highs on Tuesday as bets that fiscal aid will speed up a vaccine-led recovery in the economy boosted sentiment in the final days of the year.

The Dow Jones Industrial Average rose 88.1 points, or 0.29%, at the open to 30,492.07. The S&P 500 rose 14.7 points, or 0.39%, to 3750.01, while the Nasdaq Composite rose 66.0 points, or 0.51%, to 12,965.388 at the opening bell.

Source: Read Full Article