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US stocks rise as traders see hopeful signs in fighting coronavirus
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Stocks moved broadly higher on Wall Street Tuesday as the White House and a number of state governors weigh how to gradually reopen the economy following some signs that the coronavirus pandemic may be leveling off in some of the hardest-hit areas.
Traders also had their eye on Johnson & Johnson, JPMorgan Chase and other big companies issuing their earnings reports for the first three months of the year, giving investors an early peek into how the outbreak is affecting their business.
The S&P 500 was up 2.8% as of 10:24 a.m. Eastern time, recovering all of its losses from a day earlier. The benchmark index surged 12% last week, though it remains about 18% below its all-time high set in February.
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COVID-19
United States
|
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
|
India
|
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
|
Brazil
|
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
|
United Kingdom
|
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
|
Russia
|
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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