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Wall St opens flat, but set for strong yearly gains

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(Reuters) - U.S. stocks opened flat on Thursday, with the S&P 500 and the Nasdaq set to record solid gains in 2020 on hopes that more stimulus and coronavirus vaccines will continue to drive a strong economic recovery.

The Dow Jones Industrial Average rose 8.08 points, or 0.03%, at the open to 30,417.64. The S&P 500 opened higher by 1.23 points, or 0.03%, at 3,733.27, while the Nasdaq Composite gained 7.09 points, or 0.06%, to 12,877.09 at the opening bell.

Reporting by Devik Jain in Bengaluru; Editing by Arun Koyyur

Our Standards: The Thomson Reuters Trust Principles.

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