Wall Street Extends Rally at Open; Dow up 930 Points By Investing.com

© Reuters.

By Geoffrey Smith 

Investing.com — U.S. stock markets extended Monday’s blistering rally at the opening on Tuesday, on hopes that the Covid-19 pandemic will peak soon, allowing at least a partial lifting of lockdown restrictions on the economy before long.

The opened up 930 points at a four-week high of 23,610 points, up 4.1% from Monday’s close. The opened up 3.1%, while the opened up 2.7%.

All three indices had gained more than 7% on Monday as reports emerged of a new package of economic support measures being prepared in Washington. House Speaker Nancy Pelosi said the measures could be worth over $1 trillion.

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