US stocks jump at open on coronavirus slowdown hopes

Reuters Updated - April 07, 2020 at 08:05 PM.

A trader works on the floor of the New York Stock Exchange (NYSE) in New York (File photo)

US stocks jumped at the opening bell on Tuesday, as early signs of a slowdown in coronavirus cases in US hot spots raised hopes that sweeping lockdown measures were working.

The Dow Jones Industrial Average rose 857.45 points, or 3.78%, at the open to 23,537.44. The S&P 500 opened higher by 74.97 points, or 2.81%, at 2,738.65, while the Nasdaq Composite gained 216.75 points, or 2.74%, to 8,129.99 at the opening bell.

Published on April 7, 2020 14:09