Wall Street jumps to the opening after the rout of the previous session


Traders leave Gate 11 Wall Street of the New York Stock Exchange (NYSE) in New York, New York, the United States, June 11, 2020. REUTERS / Brendan McDermid

(Reuters) – US stocks opened much higher on Friday, one day after their biggest one-day dive in about three months, fearing a resurgence of coronavirus infections.

The Dow Jones Industrial Average .DJI rose 531.25 points, or 2.11%, at opening to 25,659.42.

The S&P 500 .SPX opened up 68.94 points, or 2.30%, to 3,071.04. The Nasdaq Composite .IXIC gained 223.14 points, or 2.35%, to 9,715.87 at the opening bell.

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

Medha Singh reports to Bengaluru; Editing by Shounak Dasgupta

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