News Formal

US: Wall Street jumps 1% at open as China stimulus calms investor nerves

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Read more at The Business Times.

The Dow Jones Industrial Average rose 296.93 points, or 1.05 per cent, at the open to 28,696.74.

[NEW YORK] Wall Street's main indexes rose about 1 per cent at the open on Tuesday, marking a second day of recovery from a coronavirus-driven sellfoff last week, with fresh intervention by China's central bank calming investor nerves.The S&P 500 opened higher by 31.69 points, or 0.98 per cent, at 3,280.61. The Nasdaq Composite gained 124.99 points, or 1.35 per cent, to 9,398.39 at the opening bell.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US: Wall Street rises at open after steep selloffRead more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Wall Street rebounds from coronavirus fears, helped by factory strength and tech stocksNEW YORK (REUTERS) - US stocks rallied on Monday (Feb 3), boosted by heavyweight technology shares and on surprise strength in US manufacturing activity, following a sharp selloff last week on concerns about the economic impact from the fast-spreading coronavirus out of China.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »