Wall Street jumps on hopes of $2 trillion stimulus By Reuters

March 24, 2020 admin Stock News 0

© Reuters. Traders work on the floor of the NYSE in New York

(Reuters) – Wall Street jumped at the open on Tuesday as signs that Washington was nearing a deal on a $2 trillion economic rescue package gave a shot of optimism to markets reeling under the biggest selloff since the global financial crisis.

The Dow Jones Industrial Average () rose 1,130.26 points, or 6.08%, at the open to 19,722.19. The S&P 500 () opened higher by 107.04 points, or 4.78%, at 2,344.44. The Nasdaq Composite () gained 335.47 points, or 4.89%, to 7,196.15 at the opening bell.

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