May 12, 2020 / 1:36 PM / 18 days ago

US STOCKS SNAPSHOT-Wall St opens higher on hopes of economic recovery

May 12 (Reuters) - U.S. stocks opened higher on Tuesday on hopes that the easing of virus-led business shutdowns would help jump-start a battered global economy, with investors also weighing the risks of reopening too soon.

The Dow Jones Industrial Average rose 70.85 points, or 0.29%, at the open to 24,292.84. The S&P 500 opened higher by 9.18 points, or 0.31%, at 2,939.50, while the Nasdaq Composite gained 32.80 points, or 0.36%, to 9,225.15 at the opening bell. (Reporting by Medha Singh in Bengaluru; Editing by Shounak Dasgupta)

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