Wall Street opens higher after recent losses
Global Economy
02 March, 2020, 08:55 pm
Last modified: 02 March, 2020, 09:14 pm
Stocks have recovered more than before amidst all the coronavius scare
FILE PHOTO: A worker is seen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 28, 2020. REUTERS/Brendan McDermid
US stocks bounced back from recent losses on Monday, as the focus turned to assurances of central bank stimulus to counter the economic fallout from the coronavirus outbreak.
The Dow Jones Industrial Average rose 181.15 points, or 0.71 percent, at the open to 25,590.51. The S&P 500 opened higher by 20.06 points, or 0.68 percent, at 2,974.28. The Nasdaq Composite gained 99.78 points, or 1.16 percent, to 8,667.14 at the opening bell.
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