NEW YORK - U.S. equity markets rose Wednesday but gave up the bulk of the gains after Democratic lawmaker Sen.
Bernie Sandersraised some concerns over the $2 trillion relief measure to provide aid to those most severely impacted by the COVID-19 pandemic. RELATED: CoronavirusNOW.com, FOX launches national hub for COVID-19 news and updates The Dow Jones Industrial Average closed over 495 points higher or 2.4 percent after rising by as many as 1,300 points, or 6.3 percent.
While the S&P 500 posted a 1.1 percent gain and the tech-heavy Nasdaq Composite closed fractionally lower. All three of the major averages had sporadically dipped into the red earlier.