US opens mostly higher following sell-off

Wednesday, 15. September 2021 15:31

Major stock markets in the United States opened mostly higher on Wednesday, following yesterday's sell-off where the Dow Jones lost nearly 300 points. Investors are looking at how the latest vaccine news will affect the course of the pandemic, as the White House renewed its push to increase the vaccination rate, including supporting local mandates and meeting with business leaders.

Meanwhile, in politics, tensions continue to be high between the US and China, with reports coming in that US President Joe Biden's offer to hold an in-person summit was rebuffed. Gavin Newsom survived the California recall election and the Senate may leave for a break without voting on the reconciliation package.

The Dow Jones began the session flat. The Nasdaq 100 opened 0.26% in the green, led by eBay increasing 2.65%. The S&P 500 was 0.16% higher at the opening bell, with Wynn Resorts plummeting 8.75%. The euro gained 0.15% on the dollar trading for $1.18208 at 9:32 am ET.

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