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Wall Street opens at record high on stimulus, recovery bets | amNewYork

Wall Street opens at record high on stimulus, recovery bets

The Fearless Girl statue is seen outside the New York Stock Exchange (NYSE) in New York, U.S., February 12, 2021.
REUTERS/Brendan McDermid

By Devik Jain, Reuters

Wall Street’s main indexes opened at all-time highs on Tuesday, with investors piling into economically sensitive stocks on hopes of more fiscal aid to lift the world’s biggest economy from a coronavirus-driven slump.

The Dow Jones Industrial Average rose 13.7 points, or 0.04%, at the open to 31472.08. The S&P 500 rose 4.8 points, or 0.12%, at the open to 3939.61​, while the Nasdaq Composite rose 56.7 points, or 0.40%, to 14152.215 at the opening bell.

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