US markets open higher amid easing virus restrictions

Wednesday, 06. May 2020 15:31

Markets in the United States opened in the green on Wednesday amid the gradual reopening of businesses following coronavirus lockdowns. Investros also digested earnings from General Motors, and CVS and awaited results from companies including PayPal and Lyft.

The Dow Jones rose 0.63% at 9:30 am ET. The best performer was Apple, whose stock jumped 1.48% at 9:46 am ET.

The Nasdaq 100 added 0.69% at 9:30 am ET. MercadoLibre led tha gains as its shares skyrocketed20.78% at 9:31 am ET after the e-commerce company posted better-than-expected first-quarter revenue.

The S&P 500 climbed 0.65% at 9:30 am ET. General Motors soared 9.5% at 9:32 am ET.

The euro lost 0.18% against the dollar to sell for 1.08190 at 9:32 am ET.

Related Links: 
Author:
Breaking the News / NP