Stocks surged Thursday after an eagerly awaited coronavirus relief package cleared the U.S. Senate and headed for the House. Optimism surrounding the stimulus package at least temporarily outweighed early signs of COVID-19’s acute damage to world’s largest economy.
Stocks staged a rally on Wednesday, extending the previous day’s surge with the Dow boosted by gains from components like Boeing and Nike, and after Washington announced a final deal on a $2 trillion stimulus package designed to combat effects of the coronavirus.
Stocks surged Tuesday and recovered some losses as market participants anxiously awaited further fiscal stimulus measures from policymakers to combat the economic fallout from the coronavirus pandemic.
Stocks opened lower after a choppy overnight session, as world policymakers race to contain the fallout from the coronavirus pandemic.
Thursday's choppy trading underscored rising joblessness and more uncertainty amid the coronavirus outbreak.
Panic-driven selling has dragged blue-chip stocks into bear market territory.
Stocks erased earlier gains mid-morning Tuesday, with the Dow erasing gains of as many as 945.7 points to dip into the red.
Headlines moving the stock market in real time.
Headlines moving the stock market in real time.
Headlines moving the stock market in real time.
Headlines moving the stock market in real time.
Headlines moving the stock market in real time.
Investors are increasingly unsettled by the eruption of new coronavirus cases outside of China, and are selling risk-sensitive assets.
Investors are increasingly unsettled by the eruption of new coronavirus cases outside of China, and are selling risk-sensitive assets.
Headlines moving the stock market in real time.
Headlines moving the stock market in real time.
Headlines moving the stock market in real time.
Headlines moving the stock market in real time.
Headlines moving the stock market in real time.
Headlines moving the stock market in real time.
Headlines moving the stock market in real time.
Headlines moving the stock market in real time.
Headlines moving the stock market in real time.
Headlines moving the stock market in real time.