Wall Street rises in openness driven by tech and stimulus expectations

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Wall Street rises in openness driven by tech and stimulus expectations




Illustrative file photo of the facade of the New York Stock Exchange


© Reuters/BRENDAN MCDERMID
Illustrative file photo of the facade of the New York Stock Exchange


Oct 12 (Reuters) – The major indices on Wall Street rose at Monday’s open, with a more than 1% jump on the Nasdaq, as expectations of a deal in Washington on more fiscal stimulus lifted sentiment ahead of the start of corporate earnings season.

* The Dow Jones Industrial Average was up 84.22 points, or 0.29%, at 28,671.12.

* The S&P 500 rose 22.89 points, or 0.66%, to 3,500.02 points, while the Nasdaq Composite advanced 152.38 points, or 1.32%, to 11,732.33 points.

(Report by Medha Singh in Bengaluru; Edited in Spanish by Janisse Huambachano)

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