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.
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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
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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%
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2020-02-04 14:55:00Z
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