FILE PHOTO: Traders wear masks as they work on the floor of the New York Stock Exchange as the outbreak of the coronavirus disease (COVID-19) continues in the Manhattan borough of New York, U.S., May 27, 2020. REUTERS/Lucas Jackson
July 17, 2020
(Reuters) – U.S. stocks opened higher on Friday, with the S&P 500 on course for its third straight weekly gain, as investors bet on more official stimulus to drive a post-pandemic economic revival even as domestic coronavirus cases posted another record jump.
The Dow Jones Industrial Average rose 39.91 points, or 0.15%, at the open to 26,774.62. The S&P 500 opened higher by 8.64 points, or 0.27%, at 3,224.21, while the Nasdaq Composite gained 26.69 points, or 0.25%, to 10,500.52 at the opening bell.
(Reporting by Medha Singh in Bengaluru; Editing by Shounak Dasgupta)
