Wall Street opens higher on vaccine hopes, Pepsi boost

Traders wearing masks work, on the first day of in person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S.

Wall Street’s main indexes opened higher on Monday, with the Nasdaq notching up a new record high as investors cheered signs of progress in COVID-19 vaccine development and an upbeat start to the second-quarter earnings season by Pepsi.

The Dow Jones Industrial Average .DJI rose 149.77 points, or 0.57%, at the open to 26,225.07

The S&P 500 .SPX opened higher by 20.04 points, or 0.63%, at 3,205.08, while the Nasdaq Composite .IXIC gained 112.48 points, or 1.06%, to 10,729.92 at the opening bell.

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