Stocks rebound further as markets await $2 trillion U.S. stimulus boost

Reuters |
Published: 03.25.20 , 22:23

The dollar slid and global equity markets marched higher on Wednesday, poised for the second day of gains on optimism $2 trillion in U.S. fiscal stimulus will dampen the economic shock the coronavirus pandemic already has started to inflict.
The Dow Jones Industrial Average soared more than 11% on Tuesday in its biggest single-day percentage gain since 1933 and the benchmark S&P 500 jumped 9.4% - its tenth best day on record out of 24,067 trading sessions since a daily data series started in 1927.