Dow Jones jumps at open on stimulus hopes

The Dow Jones Industrial Average rose 158.93 points, or 0.57%, at the open to 27,940.63.

Reuters
"Markets are fairly optimistic this morning about the potential for that stimulus package," said Chad Oviatt, director of investment management for Huntington Private Bank in Columbus, Ohio.
Wall Street's main indexes jumped at the open on Thursday as investors bet on more fiscal stimulus after data showed a recovery in the labor market was cooling.

The Dow Jones Industrial Average rose 158.93 points, or 0.57%, at the open to 27,940.63.

The S&P 500 opened higher by 22.87 points, or 0.68%, at 3,385.87, while the Nasdaq Composite gained 124.49 points, or 1.11%, to 11,291.99 at the opening bell.


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