Dow up over 11%; Biggest percentage gain since 1933

Dow up by over 11%, posts biggest percentage gain since 1933 over stimulus hopes

 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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