NBC News reports:
Stock markets surged on Tuesday, after the government doubled down on its economic response to the coronavirus outbreak, ramping up financial assistance for affected businesses, and floating a $1 trillion stimulus package that includes putting cash in the hands of Americans.
The Dow Jones Industrial Average ended the day with a gain of around 1,000 points, bouncing back after its worst day since 1987. The S&P and Nasdaq rose by around 6 percent each. The benchmark 10-year Treasury yield also rallied, rising back above 1 percent.