The Stock Markets in New York Opened Predominantly Higher on Monday
The stock markets in New York opened predominantly higher on Monday, after Friday’s sharp price losses.
Investors on Wall Street are hoping for more incentives to steer the economy through the corona crisis.
Aircraft maker Boeing is in the spotlight after a series of positive test results with the offending type 737 MAX.
Shortly after the start, the Dow-Jones index rose 0.8 percent to 25,229 points. The broad S&P 500 rose 0.4 percent to 3,020 points, and technology exchange Nasdaq fell 0.2 percent to 9,740 points.
The persistent rise in the number of corona infections, which has passed 10 million worldwide, has raised concerns about the economic recovery, growing the call for additional measures.
The worldwide death toll from the coronavirus now exceeds 500,000.