US: Wall Street jumps on stimulus hopes

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[NEW YORK] US stock indexes opened more than 2 per cent higher on Tuesday as hopes of coordinated policy easing to avert a global recession calmed investor nerves a day after the biggest market rout since the financial crisis. Read more at The Business Times.

The Dow Jones Industrial Average rose 601.98 points, or 2.52 per cent, at the open to 24,453.00.[NEW YORK] US stock indexes opened more than 2 per cent higher on Tuesday as hopes of coordinated policy easing to avert a global recession calmed investor nerves a day after the biggest market rout since the financial crisis.

The Dow Jones Industrial Average rose 601.98 points, or 2.52 per cent, at the open to 24,453.00 and the S&P 500 opened higher by 66.92 points, or 2.44 per cent, at 2,813.48.REUTERS

 

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