US stocks recover from post-vote plunge
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NEW YORK, Nov 8 AFP
November 09 2012, 01:50AM
US stocks have edged higher in opening trade, a day after greeting President Barack Obama's re-election with a massive plunge.
In the first five minutes of trade on Thursday, the Dow Jones Industrial Average added a bare 8.29 points, or 0.06 per cent, to 12,941.02.
The broad-based S&P 500 gained 2.00 points, or 0.14 per cent, to 1,396.53.
The tech-rich Nasdaq Composite gained 7.98 points, or 0.27 per cent, to 2,945.27.
The Dow marked its biggest one-day loss in a year on Wednesday after Obama defeated Republican challenger Mitt Romney at the polls, losing 313 points; the S&P lost nearly 34 points and the Nasdaq nearly 75 points.