Dow Jones Surges 2,112 Points, Most Since 1933

Chief Security Officer Kevin Fitzgibbons rings the opening bell of the NYSE on March 24, 2020. New York Stock Exchange via AP

The Dow Jones Industrial Average jumped 2,112 points, a single-day record, amid Congressional negotiations on the passage of a major stimulus package to help the U.S. economy deal with the CCP virus pandemic.

The Dow gained nearly 11.4 percent, the most since 1933. The S&P 500 also increased by approximately 9.4 percent, which is an increase from Monday’s drop of about 3 percent for both the Dow Jones and the S&P.