Dow Soars Nearly 400 at Open

The Dow took a nearly 400-point bounce at the open this morning, reports the Wall Street Journal, as markets tried to steady after a dizzying six-day swing. The Dow Jones industrial average rose 370 points, or 2.4%, to 16,041 as of 9:37am Eastern. The Standard & Poor's 500 index gained 41.09 points, or 2.1%, to 1,906.61. The Nasdaq composite climbed 101 points, or 2.3%, to 4,607. Treasury bonds fell, pushing up the yield on the benchmark 10-year note to 2.16%. The market surged at the opening yesterday as well, only to sink more than 200 points by the end of the day. (More Dow Jones stories.)