Business Standard

Saturday, December 28, 2024 | 01:53 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Wall Street bounces back on reassurances of stimulus to counter Coronavirus

The Dow Jones Industrial Average rose 181.15 points, or 0.71%, at the open to 25,590.51

wall street

File photo of Wall Street

Reuters

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%, at the open to 25,590.51. The S&P 500 opened higher by 20.06 points, or 0.68%, at 2,974.28. The Nasdaq Composite gained 99.78 points, or 1.16%, to 8,667.14 at the opening bell.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 02 2020 | 8:42 PM IST

Explore News