Dow surges over 1000 points on investor optimism as coronavirus fatalities slow in Europe & New York

US stock markets

US stock markets are surging higher on Monday following news that the death rate from Covid-19 in New York State and the worst-hit European countries is declining.

The Dow Jones Industrial Average has gained over five percent after the opening bell. The S&P 500 and the Nasdaq Composite are trading over four percent higher.

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