<p>Wall Street stocks surged early Tuesday on optimism about coronavirus vaccines as the New York Stock Exchange resumed physical floor trading for the first time since late March.</p>.<p><strong><a href="https://www.deccanherald.com/national/coronavirus-in-india-news-live-updates-total-cases-deaths-covid-19-tracker-today-worldometer-update-lockdown-40-latest-news-838583.html">Follow latest updates on the COVID-19 pandemic here</a></strong></p>.<p>About 30 minutes into trading, the Dow Jones Industrial Average was up 2.4 percent at 25,038.94.</p>.<p>The broad-based S&P 500 gained 1.7 percent to 3,007.76, while the tech-rich Nasdaq Composite Index advanced 1.2 percent to 9,434.99.</p>.<p>Analysts pointed to announcements by a number of companies pursuing vaccines for coronavirus, including Merck, which said it would acquire privately-held vaccine company Themis and disclosed new research ventures with other companies.</p>.<p>The gains came after New York Governor Andrew Cuomo, wearing a mask, rang the opening bell to signal the start of the day for traders, also clad in masks and separated by plexiglas.</p>.<p>The NYSE, which closed on March 23 as coronavirus cases were soaring in New York, is ramping up slowly with only a fraction of the normal trading staff.</p>.<p>Traders are required to wear masks and have their temperatures taken and must respect social distancing rules.</p>.<p>While many transactions now are executed through computers -- enabling the market to function even when physical trade was halted -- NYSE leaders say maintaining physical trading facilitates buy and sell orders particularly in the final moments of the day, or during first trades of a new company following an initial public offering.</p>.<p>The floor also has ceremonial benefit for companies to market IPOs and other corporate initiatives.</p>
<p>Wall Street stocks surged early Tuesday on optimism about coronavirus vaccines as the New York Stock Exchange resumed physical floor trading for the first time since late March.</p>.<p><strong><a href="https://www.deccanherald.com/national/coronavirus-in-india-news-live-updates-total-cases-deaths-covid-19-tracker-today-worldometer-update-lockdown-40-latest-news-838583.html">Follow latest updates on the COVID-19 pandemic here</a></strong></p>.<p>About 30 minutes into trading, the Dow Jones Industrial Average was up 2.4 percent at 25,038.94.</p>.<p>The broad-based S&P 500 gained 1.7 percent to 3,007.76, while the tech-rich Nasdaq Composite Index advanced 1.2 percent to 9,434.99.</p>.<p>Analysts pointed to announcements by a number of companies pursuing vaccines for coronavirus, including Merck, which said it would acquire privately-held vaccine company Themis and disclosed new research ventures with other companies.</p>.<p>The gains came after New York Governor Andrew Cuomo, wearing a mask, rang the opening bell to signal the start of the day for traders, also clad in masks and separated by plexiglas.</p>.<p>The NYSE, which closed on March 23 as coronavirus cases were soaring in New York, is ramping up slowly with only a fraction of the normal trading staff.</p>.<p>Traders are required to wear masks and have their temperatures taken and must respect social distancing rules.</p>.<p>While many transactions now are executed through computers -- enabling the market to function even when physical trade was halted -- NYSE leaders say maintaining physical trading facilitates buy and sell orders particularly in the final moments of the day, or during first trades of a new company following an initial public offering.</p>.<p>The floor also has ceremonial benefit for companies to market IPOs and other corporate initiatives.</p>