Stocks Surge on Stimulus Hopes After Monday’s Shock Selloff

Stocks Surge on Stimulus Hopes After Monday’s Shock Selloff
Traders and financial professionals work on the floor of the New York Stock Exchange in New York on Jan. 4, 2019. Drew Angerer/Getty Images
Tom Ozimek
Tom Ozimek
Reporter
|Updated:
U.S. stocks surged on open Tuesday on stimulus hopes after the White House announced plans to help businesses cope with coronavirus-related disruption.

On Monday, stocks plunged as coronavirus fears and an oil price war combined into a perfect storm that sapped investor sentiment and sparked a flight from equities, with the Dow experiencing its biggest single-day points drop in history.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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