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Stocks rally as states reopen from coronavirus shutdowns

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The COVID-19 pandemic has sparked widespread unemployment, but these companies are still hiring. NEW YORK - U.S.

equity markets gained Monday as a handful of states took steps to reopen their economies from shutdowns caused by COVID-19 and as lenders resume doling out cash to small businesses.

The Dow Jones Industrial Average gained 127 points, or 0.54 percent, in the opening minutes of trading while the S&P 500 and Nasdaq Composite were higher by 0.69 percent and 0.89 percent, respectively. RELATED: CoronavirusNOW.com, FOX launches national hub for COVID-19 news and updates Georgia, Oklahoma and South Carolina took steps over the weekend to reopen, allowing beaches, retail stores, barbershops and salons to unlock their doors.

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