FILE PHOTO: NYSE-AMEX Options floor traders from TradeMas Inc. work in an off-site trading office built when the New York Stock Exchange (NYSE) closed, due to the outbreak of the coronavirus disease (COVID-19), in the Brooklyn borough of New York City, U.S., March 26, 2020. REUTERS/Brendan McDermid
April 2, 2020
(Reuters) – U.S. stocks rallied on Thursday as hopes for a truce in an oil price war between Saudi Arabia and Russia and a cut in oil output drove gains, taking some sting out of a shocking jump in Americans filing jobless claims due to coronavirus-led lockdowns.
The Dow Jones Industrial Average <.DJI> rose 466.58 points, or 2.23%, to end at 21,410.09 points, the S&P 500 <.SPX> gained 56.09 points, or 2.27%, to 2,526.59 and the Nasdaq Composite <.IXIC> added 126.73 points, or 1.72%, to 7,487.31.
(Reporting by Noel Randewich; Editing by Sandra Maler)
