Quantcast

Wall Street opens higher on signs of lockdown easing

A man crosses a nearly deserted Nassau street in front of the New York Stock Exchange (NYSE) in the financial district of lower Manhattan in New York
FILE PHOTO: A man crosses a nearly deserted Nassau Street in front of the New York Stock Exchange (NYSE) in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, New York, U.S., April 3, 2020. (REUTERS/Mike Segar)

By C Nivedita

U.S. stock markets jumped at the open on Friday as some states prepared to relax curbs imposed to contain the coronavirus outbreak, with a surprise rise in orders for core U.S.-made capital goods adding to the gains.

The Dow Jones Industrial Average <.DJI> rose 112.98 points, or 0.48%, at the open to 23,628.24.

The S&P 500 <.SPX> opened higher by 14.84 points, or 0.53%, at 2,812.64. The Nasdaq Composite <.IXIC> gained 35.32 points, or 0.42%, to 8,530.08 at the opening bell.