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Stock market news live: Stocks surge as rebound rally continues - Yahoo Finance

U.S. stocks added to Monday’s gains, with the Dow up more than 400 points around market open. In China, the Shanghai Composite recouped some of Monday’s more than 7% decline, rising 1.34% during Tuesday’s session even as confirmed coronavirus cases rose.

9:53 a.m. ET: Stocks surge, Dow adds 400+ points

Each of the three major indices surged shortly after market open, extending a rebound rally from Monday.

Gains in the S&P 500 were led by the health-care and industrials sectors. The communications sector was slightly lower as shares of Google-parent company Alphabet fell 3.6%.

Here were the main moves in markets, as of 9:54 a.m. ET:

  • S&P 500 (^GSPC): +1.39% or +45.19 points to 3,294.11

  • Dow (^DJI): +1.52%, or +431 points to 28,830.83

  • Nasdaq (^IXIC): +1.46%, or +135.87, to 9,407.02

  • Crude oil (CL=F): +1.00%, or +0.50 to 50.61 per barrel

  • Gold (GC=F-$18.40, or -1.16% to 1,564.00 per ounce

7:36 a.m. ET: Stock futures rise as rebound rally continues

Each of the S&P 500, Dow and Nasdaq were up more than 1% in early trading Tuesday, shaking off fears over the deadly coronavirus that had sent stocks plunging last week.

Shares of Google-parent Alphabet (GOOGL, GOOG) were lower in early trading after the internet search giant missed fourth-quarter sales expectations and reports emerged that the company was facing a privacy probe from the European Union.

Companies reporting results Tuesday including Disney (DIS), Snapchat-parent company Snap (SNAP) and Chipotle Mexican Grill (CMG) after market close.

Here were the main moves during the pre-market session, as of 7:36 a.m. ET:

  • S&P futures (ES=F): 3,280.00, up 34.5 points or 1.06%

  • Dow futures (YM=F): 28,667.00, up 306 points or 1.08%

  • Nasdaq futures (NQ=F): 9,224.75, up 110.5 points or 1.21%

  • Crude oil (CL=F): $50.75 per barrel, up $0.64 or 1.28%

  • Gold (GC=F): $1,573.30 per ounce, down $9.10 or 0.58%

Traders work during the opening bell at the New York Stock Exchange (NYSE) on February 3, 2020 at Wall Street in New York City. - Wall Street stocks rose early Monday, bouncing after Friday's rout as markets monitored the coronavirus at the start of a week with key economic data and earnings reports. The Dow suffered the worst losses of the year on Friday as the death toll from the virus continued to climb and the ailment spread to additional countries. (Photo by Johannes EISELE / AFP) (Photo by JOHANNES EISELE/AFP via Getty Images)

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https://finance.yahoo.com/news/stock-market-news-live-updates-february-4-2020-123824077.html

2020-02-04 14:55:00Z
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