BY AMBAR WARRICK
U.S. stocks jumped more than 1% at the open on Wednesday on upbeat quarterly earnings reports from retailers and hopes of a recovery from a coronavirus-fueled slump amid signs of more stimulus for ailing sectors.
The Dow Jones Industrial Average rose 249.08 points, or 1.03%, at the open to 24,455.94. The S&P 500 opened higher by 30.69 points, or 1.05%, at 2,953.63, while the Nasdaq Composite gained 120.52 points, or 1.31%, to 9,305.62 at the opening bell.
