Dow surges 1,985 points as Trump's coronavirus address eases concerns of economic damage

US stocks climbed Friday in a bounce back from the worst single-day drop since 1987.
All three major indexes extended gains in late trading as President Donald Trump's address appeared to at least temporarily calm investor nerves over coronavirus.
Equities rallied earlier in the day on hopes of fresh economic stimulus from the White House.
Stimulus was also enacted globally. Central banks in Norway, Japan, and Australia cut interest rates, bought government bonds, or took other measures.
S&P