U.S. stocks opened at their highest level in six-weeks on Tuesday, with Nasdaq leading the charge, as dovish calls from the European Central Bank raised expectations of a similar accommodative stance from the Federal Reserve.
The Dow Jones Industrial Average rose 116.35 points, or 0.45%, at the open to 26,228.88. The S&P 500 opened higher by 17.04 points, or 0.59%, at 2,906.71. The Nasdaq Composite gained 75.95 points, or 0.97%, to 7,920.98 at the opening bell.
via Reuters
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Alfonso Esparza
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
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