Stocks opened with sharp gains Tuesday, continuing to take back ground lost late last week as worries rose over the spread of the coronavirus in China and elsewhere.
The Dow Jones Industrial Average was up 364 points or 1.3%, at 28,764, after trading as high as 28,794 after the opening bell. The S&P 500 was up 36 points, or 1.1%, at 3,285, while the Nasdaq Composite advanced 111 points, or 1.2%< to 9,384.
Shares of electric car maker Tesla Inc. which jumped nearly 20% to an all-time high on Monday, added another 8.3% in early Tuesday action, bringing their year-to-date gain to 101.1%, according to FactSet.
Source : MarketWatch