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Wall Street surges after strong May jobs data; Dow rises 2.5%
US unemployment rate, lending weight to hopes of a faster economic rebound from a coronavirus-driven slump.At 10:00 am ET, the Dow Jones Industrial Average rose 654.25 points, or 2.49%, to 26,936.07. The S&P 500 opened higher by 64.61 points, or 2.08%, at 3,176.96, while the tech-rich Nasdaq Composite gained 155.60 points, or 1.62%, to 9,771.41.This story has been published from a wire agency feed without modifications to the text.