Stock Market Rally Simmers As GOP Senators And Sanders Battle Over Coronavirus Stimulus Bill

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The Dow was up 2% and the S&P 500 rose 1%.

Stocks continued to rebound on Wednesday—posting a second straight day of gains for the first time since February—after Congress came closer to passing a highly anticipated

The Dow Jones industrial average gained 2.4%, nearly 500 points, on Wednesday, while the S&P 500 was up 1.1% and the Nasdaq Composite lost 0.4%. Despite the market pullback, stocks still posted gains for a second day in a row—for the first time since February—after bouncing back from a three-year low point on Monday.

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