Dow Soars 1,000 Points on Early Signs Coronavirus Pandemic Is Slowing


Stocks rose solidly Monday as data showed reported cases of the coronavirus slowed across the globe over the weekend.

The Dow Jones Industrial Average was up 1,011 points, or 4.8%, to 22,063, the S&P 500 jumped 4.67% and the Nasdaq rose 4.72%.

In New York, the epicenter of the outbreak in the United States, deaths fell for the first time in days and many hard-hit European countries also saw their tallies decrease.