Originally published at: BREAKING: Stocks SURGE, Dow Jones Ends Day +1173, Breaks 27,000 Mark | Sean Hannity
The US Stock Market roared to life Wednesday after a week of sell-offs related to fears from the global Coronavirus, with the Dow Jones Industrial Average gaining more than 1100 points in a single day.
“The Dow Jones Industrial Average soared 1,173.45 points higher, or 4.5%, to 27,090.86. The S&P 500 jumped 4.2% to 3,130.12, while the Nasdaq Composite advanced 3.8% to 9,018.09. The Dow posted its second-highest point gain ever, and it was the second time in three days that the 30-stock average swung 1,000 points or higher,” reports CNBC. “With Wednesday’s rally, all three major averages moved out of correction territory, meaning they are now less than 10% down from their 52-week highs. The tech-heavy Nasdaq also turned positive on the year, up 0.5% in 2020.”
“With Wednesday’s rally, all three major averages moved out of correction territory, meaning they are now less than 10% down from their 52-week highs. The tech-heavy Nasdaq also turned positive on the year, up 0.5% in 2020,” adds the website.
Read the full report at CNBC.
