U.S. stocks rallied on signs that lawmakers and the Trump administration were nearing a deal on a giant stimulus package aimed at limiting the economic fallout of the coronavirus pandemic. The Dow rose more than 2,100 points, an 11% gain that was its biggest one-day jump in more than 85 years.
U.S. stocks rallied sharply Tuesday, with the Dow surging to its biggest one-day gain in more than 85 years on signs that lawmakers and the Trump administration were nearing a deal on a giant stimulus package aimed at limiting the economic fallout of the coronavirus pandemic.
The Dow Jones Industrial Average gained 2,113 points, or 11.4%, as of 4 p.m. Eastern tiime. That represented its largest gain in a single day since 1933.
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