Wall St. surges as some U.S. states reopen for business

The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, U.S., April 26, 2020. REUTERS/Jeenah Moon

(Reuters) – Wall Street surged on Monday at the onset of a hectic earnings week, as investors turned a hopeful eye toward several U.S. states that are relaxing shutdown restrictions put in place to curb the spread of the COVID-19 pandemic.

The Dow Jones Industrial Average .DJI rose 353.55 points, or 1.49%, to end at 24,128.82.

The S&P 500 .SPX gained 41.13 points, or 1.45%, to 2,877.87 and the Nasdaq Composite .IXIC added 95.64 points, or 1.11%, to 8,730.16.

Reporting by Noel Randewich; Editing by Sandra Maler

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