• Home
  • News
  • Stock Markets Surge Amid Optimism For COVID-19 Stimulus Package

Stock Markets Surge Amid Optimism For COVID-19 Stimulus Package

The U.S. stock markets surged on the news that Congressional leaders are close to agreement on a stimulus package to help cope with the ongoing coronavirus threat.

From Fox Business:

U.S. equity markets registered the strongest one-day rebound in history on Tuesday amid investor optimism that members of Congress will overcome their differences to reach a deal on a nearly $2 trillion COVID-19 stimulus package.

In the final hour of trading, gains picked up steam giving the Dow Jones Industrial Average a 2,112 point gain, the biggest ever, or 11 percent, while the S&P 500 gained over 9 percent and the Nasdaq over 8 percent.

UA-4187428-4