A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., March 3, 2020. REUTERS/Andrew Kelly
(Reuters) – U.S. stocks jumped more than 2% moments after the open on Wednesday as investors cheered Joe Biden’s surprise lead in the Democratic primaries.
The Dow Jones Industrial Average .DJI rose 466.27 points, or 1.80%, at the open to 26,383.68. The S&P 500 .SPX opened higher by 42.38 points, or 1.41%, at 3,045.75. The Nasdaq Composite .IXIC gained 150.01 points, or 1.73%, to 8,834.10.
Reporting by Sanjana Shivdas in Bengaluru; Editing by Arun Koyyur