Stocks rose for the first time this week today, getting a boost from rebounding oil prices and news that the Senate passed a $484 billion coronavirus relief package by skleb1234
Stocks rose for the first time this week on Wednesday, getting a boost from rebounding oil prices and news that the Senate passed a $484 billion coronavirus relief package to provide additional funding for small businesses, hospitals and coronavirus testing.The Dow Jones Industrial Average was up almost 2%, around 450 points, on Wednesday, while the S&P 500 rose 2.3% and the Nasdaq Composite gained 2.8%.
Stocks also moved higher thanks to Congressional leaders—after days of tense negotiations—finally reaching a to replenish funds for emergency small business lending programs, national coronavirus testing and hospitals.on Tuesday evening, with the House expected to approve the legislation as early as Thursday.
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