NEW YORK, Aug 5 — Wall Street stocks opened higher today, extending a positive run on anticipation of more fiscal stimulus from Washington and progress on vaccines for the coronavirus pandemic. About 30 minutes into trading, the Dow Jones Industrial Average was up 1.0 per cent at 27,097.60. The...
The broad-based S&P 500 gained 0.6 per cent to 3,325.52, while the tech-rich Nasdaq Composite Index climbed 0.3 per cent to 10,978.77. The Nasdaq has ended at records the last two days. — Reuters pic
The US added a disappointing 167,000 private sector jobs in July, much below the level of the last two months and suggesting the recovery has slowed, according to payrolls firm ADP. That announcement came after Novavax announced positive clinical results of another vaccine candidate, boosting shares by more than 18 per cent.
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