Wall Street jumps at open after previous session’s rout


U.S. stock index futures surged about 2per cent on Friday, pointing to a quick rebound for Wall Street from its biggest one-day dive in about three months on fears of a resurgence in coronnavirus infections.

Traders exit the 11 Wall St. door of the NYSE in New York

Traders exit the 11 Wall St. door of the New York Stock Exchange (NYSE) in New York City, New York, U.S., June 11, 2020. REUTERS/Brendan McDermid

REUTERS: U.S. stocks opened sharply higher on Friday, a day after their biggest one-day dive in about three months on fears of a resurgence in coronavirus infections.

The Dow Jones Industrial Average rose 531.25 points, or 2.11per cent, at the open to 25,659.42.

The S&P 500 opened higher by 68.94 points, or 2.30per cent, at 3,071.04. The Nasdaq Composite gained 223.14 points, or 2.35per cent, to 9,715.87 at the opening bell.

(This story corrects day in first paragraph to Friday from Thursday)

(Reporting by Medha Singh in Bengaluru; Editing by Shounak Dasgupta)



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