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		</div><p>Stocks surged on Wall Street in early trading, driving the S&;P 500 to its highest level in nearly three months as hopes for economic recovery overshadow worries about the coronavirus pandemic.</p>
<p>The S&;P 500 was up 1.8% to 3,007 points on Tuesday morning.</p>
<p>It is the first time the benchmark index has been above the 3,000-point mark since March 5, before the widespread business shutdowns aimed at slowing the spread of the outbreak sent the US economy into a sharp skid.</p>
<p>In another confidence-boosting development on Wall Street, the New York Stock Exchange reopened its trading floor on Tuesday for the first time since mid-March, when it closed due to the coronavirus outbreak.</p>
<p>New York governor Andrew Cuomo rang the opening bell at the NYSE, which allowed a limited number of traders back to the floor.</p>
<p>It required that traders adhere to social distancing guidelines and wear masks.</p>
<p>Meanwhile, the Dow Jones Industrial Average was up 558 points,<br />
or 2.3%, to 25,025.</p>
<p>It is the first time the Dow is above 25,000 points since March 10.</p>
<p>The post-Memorial Day rally followed a strong rise in global markets as more nations push to open their economies.</p>
<p>Reassuring comments by the head of China’s central bank helped spur buying.</p>
<p>France’s CAC 40 was up 1.4% as the government was due to unveil support for the car industry, while Germany’s DAX gained 0.9%.</p>
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