Wall Street rallies at the open thanks to stimulus optimism

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Friday, October 09, 2020 - 14:11
Point Trader Group
Wall Street rallies at the open thanks to stimulus optimism

Wall Street's major indexes rose at the open on Friday, putting the S&P 500 and the Dow on track for its second consecutive weekly gain, thanks to hopes for more financial aid and growing expectations for a Democratic victory in next month's presidential election.

The Dow Jones Industrial Average rose 108.10 points, or 0.38 percent, to 28,533.61 points.

The Standard & Poor's 500 Index rose 12.84 points, or 0.37 percent, to 3459.67 points, while the Nasdaq Composite Index increased 66.62 points, or 0.58 percent, to 11,487.60 points.


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