Dow surges more than 700 points
Dow gains on same day Sanders ends presidential bid, bringing finality to Biden vs. Trump race
The Facts Inside Our Reporter’s Notebook
The Dow Jones Industrial Average surged 779.71 points on Wednesday, the same day Vermont Sen. Bernie Sanders ended his Democratic presidential primary bid – setting up an almost certain Joe Biden vs. President Trump matchup in November.
The S&P 500 and Nasdaq increased by 3.4 percent and 2.6 percent, respectively.
This week's increases come as the markets have recently faced steep declines amid the coronavirus pandemic that has crippled much of the nation's economy.
Director of the National Institute of Allergy and Infectious Diseases Dr. Anthony Fauci expressed optimism on Fox News Wednesday.
"Well as you correctly reported the number of deaths on a given day continue to increase," he said. "You know at the same time, seemingly paradoxically but not, we're saying that we're starting to see some glimmers of hope, because the deaths generally lag by a couple of weeks behind what's fueling the outbreak, namely the number of new cases and the number of hospitalizations."
News, Not Noise
- Judge Emmet Sullivan still refusing to dismiss Michael Flynn case
- Amistad Project argues in new report that Electoral College deadlines are not set in stone
- GOP Rep. Cloud says Justice, FBI putting up 'roadblocks' in efforts to verify voter fraud
- Dominion contractor at Detroit counting center says thousands of ballots were scanned multiple times
- Arizona Senate president, House leader call for audit of Dominion machines in Maricopa County