Earnings, Microsoft boost Wall St. as investors await stimulus

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(Reuters) – Wall Street’s main indexes opened higher on Monday as Microsoft’s pursuit of TikTok’s U.S. operations and a clutch of upbeat quarterly earnings reports lifted sentiment in the absence of a fiscal coronavirus relief deal.

The Dow Jones Industrial Average .DJI rose 114.00 points, or 0.43%, at the open to 26,542.32.

The S&P 500 .SPX opened higher by 17.14 points, or 0.52%, at 3,288.26. The Nasdaq Composite .IXIC gained 103.36 points, or 0.96%, to 10,848.64 at the opening bell.

Reporting by Medha Singh in Bengaluru; editing by Uttaresh.V

Our Standards:The Thomson Reuters Trust Principles.

Reuters

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