Alva Review-Courier -

Dow surges 10% as Congress moves closer to passing virus aid

 

March 25, 2020



NEW YORK (AP) — The Dow Jones Industrial Average surged 10% Tuesday as Congress and the White House neared a deal to inject nearly $2 trillion of aid into the coronavirus-ravaged economy.

The huge gains on Wall Street followed a worldwide rally as a wave of buying interrupted what has been a brutal month of nearly nonstop selling. Despite the gains, investors were far from saying markets have hit bottom. Rallies nearly as big as this have punctuated the last few weeks, and none lasted more than a day.

Investors have been frustrated waiting for the U.S. government to do what it can to hel...



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