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S&P 500, Nasdaq open higher on Apple boost, stimulus optimism

Published 2020-12-22, 09:46 a/m
© Reuters. FILE PHOTO: Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in New York
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(Reuters) - The S&P 500 and the Nasdaq opened higher on Tuesday, propped up by Apple (NASDAQ:AAPL) on an exclusive report that it was planning car and battery production, as well as the approval of a coronavirus stimulus package.

© Reuters. FILE PHOTO: Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in New York

The Dow Jones Industrial Average fell 16.25 points, or 0.05%, at the open to 30,200.20. The S&P 500 opened higher by 3.16 points, or 0.09%, at 3,698.08, while the Nasdaq Composite gained 42.70 points, or 0.34%, to 12,785.22 at the opening bell.

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