Stocks Rally as States <br />Begin to Reopen After <br />COVID-19 Shutdowns Over the weekend, Georgia, Oklahoma <br />and South Carolina began the process of <br />reopening some businesses and public places. On Monday, the Dow Jones Industrial <br />Average gained .54 percent <br />minutes after trading had begun. The S&P 500 and <br />Nasdaq Composite rose .69 percent <br />and .89 percent, respectively. Last week, President Donald Trump signed <br />a relief package injecting $310 billion <br />into the Paycheck Protection Program. Banks are expected <br />to resume processing <br />applications for the program. Prominent companies including <br />3M, Tesla, Apple, Caterpillar and Amazon will <br />report their quarterly results later in the week. Commodities didn't fare as well. <br />West Texas Intermediate crude oil fell 28 percent, <br />and gold is down .13 percent. Markets also rallied <br />across Asia. Japan's Nikkei rose 2.71 percent, <br />China's Shanghai Composite gained .25 percent <br />and Hong Kong's Hang Seng rose 1.88 percent.
