U.S. stocks rally at open; Dow jumps 400 points

U.S. stocks opened with big gains on Wednesday, as fresh stimulus from China’s central bank as well as upbeat data on durable-goods orders boosted confidence. If the main benchmarks close at the levels they opened, it would be their biggest gains. The Dow Jones Industrial Average jumped 422 points, or 2.7%, to 16,077. The S&P 500 opened 44 points, or 2.4% higher at 1,912. The Nasdaq Composite began the day up 122 points, or 2.7% at 4,627.

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From:: Stock Market News

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