Dow Sees Big Jump at the Opening Bell

Index rose 900 points early
By Newser Editors,  Newser Staff
Posted Apr 6, 2020 7:11 AM CDT
Updated Apr 6, 2020 8:40 AM CDT
Dow Poised for Big Jump at the Opening Bell
People wearing face masks walk past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, April 6, 2020.   (AP Photo/Vincent Yu)

Investors are looking bullish as the new week begins, though the Wall Street Journal is reminding all that "volatility" remains the key word to remember. The Dow jumped 900 points at the opening bell, or 4%, reports CNBC. The index then settled back into a gain of about 750 points in the opening minutes. Stocks in Europe and Asia also rose. One reason is optimism that death rates in Europe appear to be slowing, suggesting that COVID-19 has peaked there. New York state—the epicenter of the US outbreak—also reported a decline in deaths, from 630 on Saturday to 594 on Sunday, though Gov. Andrew Cuomo warned it could be a "blip." President Trump and US health officials have warned that this week could be the worst yet for Americans. (Read more stock market stories.)

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