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Wall Street’s main indexes opened near record highs on Thursday as investors bet on more fiscal stimulus to ride out a coronavirus-driven recession with data showing a nascent recovery in the labor market was stalling.

The Dow Jones Industrial Average rose 28.7 points, or 0.09%, at the open to 31466.49. The S&P 500 rose 6.5 points, or 0.17%, at the open to 3916.4, while the Nasdaq Composite rose 72.7 points, or 0.52%, to 14045.214 at the opening bell.