Andrew Cuomo rings opening bell as NYSE reopens after 2 months
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Governor Andrew Cuomo arrives at the New York Stock Exchange in New York, U.S., May 26, 2020. /Reuters

Governor Andrew Cuomo arrives at the New York Stock Exchange in New York, U.S., May 26, 2020. /Reuters

Andrew Cuomo rings opening bell as NYSE reopens after 2 months

The trading floor of the New York Stock exchange reopened Tuesday for the first time in two months and the state legislature was set to reconvene as the state relaxed more restrictions aimed at curbing the spread of the coronavirus.

Traders cheered as Governor Andrew Cuomo rang the opening bell of the Stock Exchange, which had been closed since March when the state shut down in the face of the virus.

About five minutes into trading, the Dow Jones Industrial Average was up 2.3 percent at 25,023.76. The broad-based S&P 500 gained by 2.0 percent to 3,013.04, while the tech-rich Nasdaq Composite Index advanced by 1.6 percent to 9,468.96. 

(With input from AP, AFP)