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US STOCKS SNAPSHOT-Dow posts biggest percentage gain since 1933 on stimulus hopes

Reuters - UK Focus
·1-min read

NEW YORK, March 24 (Reuters) - The Dow registered its biggest one-day percentage gain since 1933 on Tuesday after U.S. lawmakers said they were close to a deal for an economic rescue package, injecting a shot of optimism into markets reeling from the biggest selloff since the financial crisis.

The Dow Jones Industrial Average rose 2,112.98 points, or 11.37%, to 20,704.91, the S&P 500 gained 209.93 points, or 9.38%, to 2,447.33 and the Nasdaq Composite added 557.18 points, or 8.12%, to 7,417.86. (Reporting by Noel Randewich; Editing by Sandra Maler)