Cuomo rings bell as NYSE reopens to big gains
By Niv Elis - 05/26/20 09:49 AM EDT
A masked Gov. Andrew Cuomo (D) rang the opening bell Tuesday as the New York Stock Exchange trading floor opened for the first time in two months.
The markets opened to a surge of optimism following Memorial Day weekend as the country began to reopen and news of additional potential vaccine candidates has surfaced.
The NYSE's iconic trading floor has been shuttered since March 23, as cases of the coronavirus in New York skyrocketed, making the city the U.S. epicenter of the virus.
The Dow Jones Industrial Average was up 600 points, or 2.4 percent, while the S&P 500 rose 63 points, or 2 percent, rising above 3,000 for the first time since the early days of the pandemic.
The upswing follows two key pieces of coronavirus-related news.
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https://thehill.com/policy/finance/499482-cuomo-rings-bell-as-nyse-reopens-to-big-gains
