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US: Wall Street climbs on vaccine hopes, upbeat retail sales data

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US stocks opened higher on Friday as Pfizer said it could apply for emergency use of its Covid-19 vaccine candidate as early as November and data showed stronger-than-expected retail sales growth last month.

[BENGALURU] US stocks opened higher on Friday as Pfizer said it could apply for emergency use of its Covid-19 vaccine candidate as early as November and data showed stronger-than-expected retail sales growth last month.

The Dow Jones Industrial Average rose 76.52 points or 0.27 per cent at the open to 28,570.72.

The S&P 500 opened higher by 10.16 points or 0.29 per cent at 3,493.50, while the Nasdaq Composite gained 47.96 points or 0.41 per cent to 11,761.83 at the opening bell.

REUTERS

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