Wall Street’s major averages opened higher on Monday as bond markets calmed after a month-long selloff, while encouraging updates on the vaccine and stimulus fronts strengthened bets over a swift economic recovery.
The Dow Jones Industrial Average rose 505.5 points, or 1.63%, at the open to 31,437.76. The S&P 500 rose 54.4 points, or 1.44% to 3,865.86, while the Nasdaq Composite rose 188.8 points, or 1.43%, to 13,381.06 at the opening bell.
