Dow Jones rallies as retail investors move to silver

This post was originally published on this site

Wall Street’s main indexes opened higher on Monday following a steep sell-off last week, as a shift in the retail trading frenzy to silver drove up mining stocks and investors awaited manufacturing data later in the day.

The Dow Jones Industrial Average rose 225.1 points, or 0.75%, at the open to 30,207.75. The S&P 500 rose 37.9 points, or 1.00%, at the open to 3,751.48, while the Nasdaq Composite rose 187.5 points, or 1.43%, to 13,257.7 at the opening bell.