Wall Street jumps at open on upbeat company earnings

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) – U.S. stock markets jumped at the open on Tuesday on another round of upbeat quarterly earnings reports, even as investors braced for a likely slide in consumer confidence data later in the day.

The Dow Jones Industrial Average .DJI rose 223.39 points, or 0.93%, at the open to 24,357.17.

The S&P 500 .SPX opened higher by 31.48 points, or 1.09%, at 2,909.96, while the Nasdaq Composite .IXIC gained 95.52 points, also 1.09%, to 8,825.69 at the opening bell.

Reporting by C Nivedita in Bengaluru; Editing by Arun Koyyur

Source: Reuters