Wall St opens higher, Dow hits record high

A trader works on the floor of the New York Stock Exchange (NYSE) the morning after the U.S. presidential election in New York City, U.S., November 9, 2016. REUTERS/Brendan McDermid
MoreREUTERS – Wall Street opened higher on Thursday, with the Dow setting a record intraday high, as investors bet that President-elect Donald Trump would lead a shift away from austerity policies.
The Dow Jones industrial average was up 60.88 points, or 0.33 percent, at 18,650.57, the S&P 500 was up 7.43 p