Wall Street gains as banks, J&J kick off earnings

FAN Editor
The
FILE PHOTO: The “Fearless Girl” sculpture is seen outside The New York Stock Exchange (NYSE) building in New York City, New York, U.S., June 4, 2019. REUTERS/Mike Segar

April 14, 2020

(Reuters) – U.S. stock markets opened more than 1% higher on Tuesday as the quarterly earnings season kicked off with JPMorgan and Johnson & Johnson giving a first glimpse of the coronavirus outbreak’s impact on corporate America.

The Dow Jones Industrial Average <.DJI> rose 299.80 points, or 1.28%, at the open to 23,690.57. The S&P 500 <.SPX> opened higher by 43.47 points, or 1.57%, at 2,805.10, while the Nasdaq Composite <.IXIC> gained 160.79 points, or 1.96%, to 8,353.21 at the opening bell.

(Reporting by Akanksha Rana in Bengaluru; Editing by Shounak Dasgupta)

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