Wall Street Opens Higher amid Recovery Signs

The New York Stock Exchange (NYSE) opened the first week of May on a positive note, after recording losses last week.

Wall Street investors are expecting a rebound from the negative impacts of the Coronavirus pandemic, and optimistic about large listed companies and corporations achieving positive results.

The Dow Jones Industrial Average is up by 276 points, or 0.80%, at 34,145 points.

Meanwhile, the S&P 500 index is at 4,198.74, up by 17.31 points or 0.42% for the day.