FILE PHOTO: The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, New York, U.S., April 13, 2020. REUTERS/Andrew Kelly
(Reuters) – U.S. stock markets opened higher after a two-day selloff on Wednesday as upbeat quarterly earnings reports lifted sentiment following a record crash in oil prices, although companies warned of more pain in the coming months.
The Dow Jones Industrial Average .DJI rose 418.46 points, or 1.82%, at the open to 23,437.34.
Reporting by Shreyashi Sanyal in Bengaluru; Editing by Arun Koyyur