Dow opens 300 points up, expected second day of gains
Global financial markets appear to be responding well to government stimulus packages, tech shares bouncing back
March 20, 2020 - 9:39am
The Dow added 300 points Friday morning and the S&P 500 is ticking up as well, the start of what could be the markets' first back-to-back gains since stock volatility began a month ago.
S&P 500 futures were climbing this morning prior to open.
U.S. stock futures were largely up on Friday, indicating a higher open on Wall Street and a more optimistic finish for a tumultuous week of trading.
Investors globally have been encouraged by government stimulus packages that will help offset the economic turmoil inflicted by the rapid spread of the coronavirus.
The European Central Bank’s bond-buying program appeared to hearten investors, who res
On Thursday, U.S. Senate Republicans introduced a $1 trillion economic stimulus bill.
The Dow entered today's session down 13.4%, marking its biggest single week drop since October of 2008.
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