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The stock market rallied on Tuesday morning, opening about 7% higher amid renewed optimism that Congress can finally reach an agreement on a $2 trillion fiscal stimulus bill to, the Dow Jones Industrial Average had gained 7.7%, over 1,200 points, while the S&P 500 was up 7% and the Nasdaq Composite rose 6.2%. that both Senate Minority Leader Chuck Schumer and Treasury Secretary Steven Mnuchin said late Monday night that Congress was close to reaching a deal on a massive fiscal stimulus bill.
in the Senate for the last two days in a row, facing opposition from Democrats who criticized the Republican legislation for focusing too much on bailing out companies and not doing enough to help workers.
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