Dow jumps over 250 points to kick off Monday action as stock market tries to reverse bearish, GameStop-inspired slump – MarketWatch

U.S. stock benchmarks climb Monday morning, as equities attempted to claw back some lost ground following the worst week since October. The Dow Jones Industrial Average

was up 0.8% at 20,234, the S&P 500 index

advanced 1% to reach 3,750, while the Nasdaq Composite Index

gained 1.3% to 13,242. The early trading action follows a downturn on Friday, and during the latter part of the week, that was partly inspired by trading in the most heavily shorted stocks, including AMC Entertainment Holdings

and GameStop Corp.