24-03-2020 15:01 via ocregister.com

Stocks up over 5% amid building hopes for U.S. coronavirus stimulus

NEW YORK — Stocks around the world rallied Tuesday amid expectations that Congress is nearing a deal to pump nearly $2 trillion of aid into the coronavirus-ravaged economy.
Top congressional and White House officials said they expect to reach an agreement Tuesday, though some issues remain. Investors have been frustrated waiting for the U.S. government to do what it can to help the economy, which is increasingly shutting down by the day, after the Federal Reserve has done nearly all it can
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