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Dow up by over 11%, posts biggest percentage gain since 1933 over stimulus hopes
Reuters
Last Updated IST
 In this file photo traders work during the opening bell at the New York Stock Exchange (NYSE) on March 19, 2020, at Wall Street in New York City. (Credit: AFP Photo)
In this file photo traders work during the opening bell at the New York Stock Exchange (NYSE) on March 19, 2020, at Wall Street in New York City. (Credit: AFP Photo)

The Dow registered its biggest one-day percentage gain since 1933 on Tuesday after U.S. lawmakers said they were close to a deal for an economic rescue package, injecting a shot of optimism into markets reeling from the biggest selloff since the financial crisis.

The Dow Jones Industrial Average rose 2,112.98 points, or 11.37%, to 20,704.91, the S&P 500 gained 209.93 points, or 9.38%, to 2,447.33 and the Nasdaq Composite added 557.18 points, or 8.12%, to 7,417.86.

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(Published 25 March 2020, 01:43 IST)