US: Wall St jumps at open on coronavirus slowdown hopes

[NEW YORK] 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 per cent, at the open to 23,537.44.

The S&P 500 opened higher by 74.97 points, or 2.81 per cent, at 2,738.65, while the Nasdaq Composite gained 216.75 points, or 2.74 per cent, to 8,129.99 at the opening bell. 

REUTERS