(Reuters) – Wall Street’s main indexes opened higher on Monday as investors weighed the odds of a second term for Republican nominee Donald Trump in the November election after President Joe Biden withdrew from the race and endorsed Kamala Harris’s candidature.
The Dow Jones Industrial Average rose 126.96 points, or 0.32%, at the open to 40,414.49. The S&P 500 opened higher by 39.54 points, or 0.72%, at 5,544.54, while the Nasdaq Composite gained 196.71 points, or 1.11%, to 17,923.65 at the opening bell.
(Reporting by Ankika Biswas in Bengaluru; Editing by Pooja Desai)