Dow surges more than 2,000 points in its strongest one-day performance since 1933 as Wall Street bounces back with lawmakers close to reaching $2tr coronavirus rescue bill

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The Dow soared more than 2,000 points on Tuesday in its strongest one-day performance since 1933

All three main US stock indexes rebounded strongly from Monday’s brutal selloff as the coronavirus outbreak forced entire nations to shut down

On Tuesday, the Dow burst 11.4% higher, while the more closely followed S&P 500 index leapt 9.4%

It comes as US lawmakers neared a deal to inject nearly $2 trillion of aid into an economy ravaged by the coronavirus

The Dow soared more than 2,000 points on Tuesday in its strongest one-day performance since 1933 as US lawmakers neared a deal to inject nearly $2 trillion of aid into an economy ravaged by the coronavirus. All three main US stock indexes rebounded strongly from Monday’s brutal selloff as the coronavirus outbreak forced entire nations to shut down. On Tuesday, the Dow burst 11.4% higher, while the more closely followed S&P 500 index leapt 9.4% as a wave of buying around the world interrupted what has been a brutal month of nearly nonstop selling.

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