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Stocks Surge as New York Stock Exchange Trading Floor Reopens

The trading floor of the New York Stock Exchange reopens today, after two months of all-electronic trading because of the coronavirus. The floor will look a lot different than it has, with only a quarter of the usual number of traders allowed to return to work. The few traders on the floor will have to wear masks, follow strict social distancing rules, and avoid using public transportation. They’ll be screened and have their temperatures taken as they enter the building. The most photographed trader o Wall Street, Peter Tuchman tested positive for coronavirus. The New York Stock Exchange trader, who calls himself the “Einstein of Wall Street” on his Instagram page, revealed the diagnosis with the picture of a Corona Extra beer bottle and an emoticon of hands joined together. Stocks surged over 25,000 because of optimism over the possibility of a coronavirus vaccine. President Trump is celebrating the big day on Wall Street. The Dow Jones Industrial Average and S&P 500 are both up about two percent in early trading. Trump tweeted the transition to greatness has started ahead of schedule.

He wrote there will be ups and downs, but next year will be the best year ever.