The main indices of the New York Stock Exchange (NYSE) opened higher on Monday, with Wall Street beginning the week with a positive performance and the Nasdaq hitting a new all-time high, on the back of gains by tech stocks.
Concerns about the rising number of coronavirus cases in Asia is impacting markets, as well as anticipation for more economic data in the U.S., especially those on the labor market.
A slew of positive economic data recently provided support for the stock market.
The Dow Jones Industrial Average and S&P 500 are down by about 0.6% and 0.03%, respectively, while the Nasdaq Composite index is up 0.69% at 14,458.95 points.