Stocks open higher on Wall Street at the end of a bumpy week
NEW YORK (AP) — Stocks are opening higher on Wall Street, but not enough to erase the market’s losses for the week. The S&P 500 rose 0.6% in early trading Friday. Investors were encouraged to see the latest coronavirus relief package pass the House. The bill, which President Donald Trump is expected to sign later Friday, provides $484 billion to employers and hospitals. The pandemic has already claimed almost 50,000 American lives and 1 in 6 U.S. jobs. The price of oil rose again after cratering earlier this week, but it’s still not nearly high enough to bring relief to the battered U.S. energy sector.
Become a Subscriber!
You have read all of your free articles this month. Select a plan below to start your subscription today.
Already a subscriber? Login
