Coronavirus: Intel, Tesla lead stock market gains amid hope for economic help
https://www.siliconvalley.com/2020/03/24/coronavirus-intel-tesla-lead-stock-market-gains-amid-hope-for-economic-help/
U.S. stock markets came to life Tuesday as hope for Congress to pass an economic stimulus package raised enthusiasm among investors, and Bay Area bellwethers such as Intel, Apple and HP surged in a broad rally across Wall Street.
A day after stocks retreated when lawmakers failed to pass a nearly $2 trillion economic rescue plan, the Dow Jones Industrial Average surged by more than 1,400 points, or 7.6%, to reach 20,012.80, and the broad-based S&P 500 climbed by more than 7%, to 2,398.40. The Nasdaq Composite Index, which includes many Silicon Valley tech stocks, rose than 6%, to 7,283.84.