Once they realized that things weren’t going to globally collapse.

Via Fox Business:

U.S. equity markets surged Monday as Wall Street looks to rebound from its worst week since the financial crisis.

The Dow Jones Industrial Average was up as much as 449 points, or 1.8 percent, while the S&P 500 and Nasdaq Composite were higher by 1.5 percent and 1.4 percent, respectively. The small rally comes after a volatile overnight session saw Dow futures swing by more than 1,100 points and the U.S. 10-year yield sink to a record low 1.03 percent.

Last week, the Dow Jones Industrial Average tumbled more than 3,500 amid coronavirus fears. Both the Dow and S&P 500 are trying to avoid an eighth straight day of losses, something that hasn’t happened since the Friday before the 2016 election.

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