U.S. stocks opened higher Tuesday after the Trump administration said it planned financial support for an airline industry devastated by a drop in travel caused by the coronavirus pandemic.
The gains following the market’s worst sell-off in more than three decades on Monday.
The Dow Jones industrial average climbed 400 points and the Standard & Poor’s 500 added 2.2%. Both averages had their worst day since the “Black Monday” stock market crash of 1987 the prior day.
