US stocks rebounded by about 3 percent on Tuesday morning a day after a historic decline of more than 2,000 points of Wall Street's Dow Jones Industrial Average index
NEW YORK (Pakistan Point News / Sputnik - 10th March, 2020) US stocks rebounded by about 3 percent on Tuesday morning a day after a historic decline of more than 2,000 points of Wall Street's Dow Jones Industrial Average index.
The Dow, the broadest equities gauge on the New York Stock Exchange, opened up about 3 percent to reach a session high at 24,999. It closed down 2,014 points, or 7.8 percent, on Monday.
The S&P500 index, a barometer for the top 500 US stocks, was also about 3 percent higher in early trading on Tuesday, after losing lost 7.7 percent the previous day.
The tech-heavy Nasdaq Composite index showed a similar 3 percent gain after Monday's 7.3 percent drop.
