Investors’ optimism that a federal stimulus package gets passed gave the Dow stock index its best single-day point increase in its 135-year history.
Beleaguered investors and retirement account holders received good news Tuesday (March 24) as President Donald Trump and leaders in Congress made progress on an aid bill, leading stocks higher even though the legislation isn’t expected to get the President’s signature before Thursday.
The Dow Jones Industrial Average -- an index of 30 blue-chip companies such as Caterpillar and Pfizer -- rose 2,112.98 points to 20,704.91, still far from its pre-bear market high of 29,568.57 set Feb.