Wall Street opened higher on Tuesday, building on the previous day’s gains, as investors hope the slowing growth of the Covid-19 pandemic will speed up the process of restarting the global economy.
The Dow Jones Industrial Average jumped 800 points from the opening bell, while the S&P 500 and the Nasdaq Composite are both gaining around three percent. Stocks in Europe and Asia also surged earlier in the day on hopes that the rapid spread of coronavirus may be easing in some of the places that have been hit hardest.
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