Stocks open higher on Wall Street, Dow Jones industrial average up 300 points in early trading

The Dow industrials were up 270 points, or 1.1 percent, to 24,461.
Wall Street

NEW YORK — Stocks open higher on Wall Street, Dow Jones industrial average up 300 points in early trading.

Technology companies and banks are posting some of the biggest gains Monday. Cisco Systems rose 2.9 percent and Citigroup climbed 2 percent.

The market is coming off a turbulent week that left major indexes with their biggest weekly losses in two years.

The Dow industrials were up 270 points, or 1.1 percent, to 24,461.

The broader Standard & Poor’s 500, which many index funds track, rose 30 points, or 1.1 percent, to 2,648. The Nasdaq composite gained 74 points, or 1.1 percent, to 6,948.

Bond prices didn’t move much. The yield on the 10-year Treasury note held steady at 2.86 percent.

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