17-03-2020 20:33 via feedproxy.google.com

Dow rebounds by 1,000 points as President Trump reportedly seeks $1 trillion coronavirus stimulus package

Stocks surged in volatile trading Tuesday as Wall Street cheered reports of White House coronavirus stimulus plans and new actions by the Federal Reserve to cushion the economic blow of COVID-19.
Fred Imbert for CNBC:
The Dow Jones Industrial Average traded 1,086 points higher, or 5.4%. The 30-stock average traded more than 200 points lower at one point and briefly surged more than 1,000 points. It also dipped below 20,000 for the first time since February 2017. The S&P 500 was up 6.1% after
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