S&P 500 opens flat as vaccine cheer offsets high jobless claims

S&P 500 opens flat as vaccine cheer offsets high jobless claims

© Reuters. FILE PHOTO: The front facade of the NYSE is ssen in New York © Reuters. FILE PHOTO: The front facade of the NYSE is ssen in New York

(Reuters) – The S&P 500 opened largely flat on Thursday as hopes of a swift COVID-19 vaccine-driven recovery and economic stimulus countered worries about rising coronavirus cases and high unemployment.

The S&P 500 opened lower by just 0.73 points at 3,668.28.

The Dow Jones Industrial Average rose 37.04 points, or 0.12%, at the open to 29,920.83, while the Nasdaq Composite gained 19.89 points, or 0.16%, to 12,369.26 at the opening bell.

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