Wall Street climbs as volatility keeps squeezing markets
By STAN CHOE and ALEX VEIGA AP Business Writers
NEW YORK (AP) — Stocks are up more than 2% on Wall Street Wednesday as investors focus on the optimistic side of data about the coronavirus outbreak’s trajectory. Trading remained unsettled around the world Wednesday, though, with European and Asian stock markets mixed. A day before, an even bigger gain for the S&P 500 suddenly vanished in the afternoon. Dr. Anthony Fauci, the top U.S. infectious diseases expert, said Wednesday that the White House is working on plans to eventually reopen the country amid “glimmers of hope,” and President Donald Trump said it “will be sooner rather than later.” Treasury yields held steady.