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10/4/2022, 4:08 PM (Source: TeleTrader)
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Dow jumps by more 750 points amid data

Major stock market indexes in the United States continued to collect gains on Tuesday shortly after the opening, with the Dow Jones Industrial Average soaring by 800 points. The developments in the market reflected investors' expectations regarding several important economic reports that are to be released throughout the week, including the ones on initial jobless claims and job cuts.

The Dow surged by 2.56% or 761 points at 10:02 am ET. At the same time, the Nasdaq 100 went up by 3.15% or 353 points. A minute later, the S&P 500 gained 2.83% or 104 points.

The euro grew by 1.27% against the dollar to sell for $0.99478 at 10:03 am ET.

Baha Breaking News (BBN) / JR