Wall Street opens higher, Dow jumps over 300 pts

Wednesday, 20. May 2020 15:30

Stocks on Wall Street began trading in positive territory on Wednesday with the Dow Jones climbing over 300 points in the first moments of the session. Economic reports and developments surrounding work on a potential coronavirus vaccine continued to remain in focus.

The Dow gained 320 points in the first seconds of trading with Boeing leading the gains. Meanwhile, the S&P 500 added 1.36% on the back of strong gains in shares of Analog Devices and CSX Corp. The Nasdaq 100 advanced 1.41% early in the session with United Airlines at the top of the chart.

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Author:
Breaking the News / JC