S&& P opens up greater, Nasdaq hits record as all eyes turn to Fed

BY THEREDNOW STAFF

(Therednow) – U.S. stocks opened higher on Wednesday, with Nasdaq hitting another record high, as attention shifted to the Federal Reserve’s first projections on the economy post-coronavirus outbreak.

The Dow Jones Industrial Average .DJI fell 20.41 points, or 0.07%, at the open to 27,251.89. The S&P 500 .SPX opened higher by 6.24 points, or 0.19%, at 3,213.42. The Nasdaq Composite .IXIC gained 58.56 points, or 0.59%, to 10,012.32 at the opening bell.

Releated

Senate defeat of ‘skinny’ coronavirus aid bill puts it on ‘dead-end street’

BY THEREDNOW STAFF WASHINGTON (Therednow) – The U.S. Senate on Thursday killed a Republican bill that would have provided around $300 billion in new coronavirus aid, as Democrats seeking far more funding prevented it from advancing. By a vote of 52-47, the Senate failed to get the 60 votes needed in the 100-member chamber to […]