Wall St opens higher as weekly jobless claims drop

FILE PHOTO: Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar

(Reuters) – Wall Street indexes opened higher on Wednesday as investors shrugged off President Donald Trump’s threat to not sign a $900 billion COVID-19 stimulus package, while weekly jobless claims came in better than feared.

The Dow Jones Industrial Average rose 31.22 points, or 0.10%, at the open to 30,046.73. The S&P 500 opened higher by 6.16 points, or 0.17%, at 3,693.42, while the Nasdaq Composite gained 27.02 points, or 0.21%, to 12,834.94 at the opening bell.

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