Wall Street jumps after worst day since 1987

Traders work on the floor of the New York Stock Exchange (NYSE) after the opening bell of the trading session in New York, U.S.,

U.S. stock markets opened sharply higher on Friday after their worst daily selloff in more than three decades as investors hoped more fiscal easing would head off a global recession.

The Dow Jones Industrial Average .DJI rose 773.20 points, or 3.65%, at the open to 21,973.82. The S&P 500 .SPX opened higher by 89.35 points, or 3.60%, at 2,569.99. The Nasdaq Composite .IXIC gained 408.59 points, or 5.67%, to 7,610.39 at the opening bell.

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