Welcome to Mint live blog. Track this space for latest news and updates on stock markets. The Dow Jones Industrial Average rose 2.39% to end at 21,200.55 points, while the S&P 500 gained 1.15% to close Wednesday's session at 2,475.56.
However, the Nasdaq Composite dropped 0.45% to 7,384.30, giving up its earlier gains. The S&P 500 remains down about 27% from its February record high, a loss of more than $7 trillion in stock market value.
Benchmark Wall Street indices rallied for a second straight session on Wednesday as the US Senate neared a vote on a $2 trillion package to support businesses and households devastated by the coronavirus pandemic.