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Business & Finance

US stocks open higher, extending rally on recovery hopes

  • Just after trading opened, the Dow Jones Industrial Average stood at 25,972.35, up 0.9 percent.
Published June 3, 2020

NEW YORK: Wall Street stocks opened higher Wednesday, extending an equity rally on hopes the US economy will rebound quickly from the hit from coronavirus shutdowns.

Just after trading opened, the Dow Jones Industrial Average stood at 25,972.35, up 0.9 percent.

The broad-based S&P 500 gained 0.8 percent to 3,105.30, while the tech-rich Nasdaq Composite Index advanced 0.4 percent ot 9,649.95.

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