Dow Jones edges higher at the open on recovery hopes

Wall Street’s main indexes inched higher on Thursday in a shortened trading session as expectations of a gradual economic recovery spurred buying into cyclical sectors.

The Dow Jones Industrial Average rose 26.09 points, or 0.09%, at the open to 30,155.92.

The S&P 500 opened higher by 4.02 points, or 0.11%, at 3,694.03, while the Nasdaq Composite gained 20.43 points, or 0.16%, to 12,791.54 at the opening bell.

(What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.