Wall Street stock prices bounced upward on Monday. The sharp rise was the result of rumors that G7 central bank governors and finance ministers will hold a teleconference on Tuesday due to a coronary virus.

Concerns about the coronavirus caused courses to plummet last week, but the G7 meeting calmed the market for at least a moment.

The Dow Jones index jumped as much as 5.1 percent. Last week, the Dow fell 12.4 percent, the darkest figure since the 2008 financial crisis.

The S&P 500 index rose 4.6 percent and the technology-oriented Nasdaq rose 4.5 percent.