The Dow jumped 150 points as investors await more coronavirus stimulus by skleb1234
The market finished higher on Tuesday, building on its strong start to the month as investors watched for updates on the next round of coronavirus stimulus from U.S. lawmakers.Johannes Eisele/AFP via Getty ImagesThe Dow Jones Industrial Average was up 0.6%, over 150 points, on Tuesday, while the S&P 500 rose 0.4% and the tech-heavy Nasdaq Composite gained 0.4%.
about getting awarded a $765 million loan from the U.S. government to start producing drug ingredients, with its stock skyrocketing ahead of the announcement last week.Of the 352 companies in the S&P 500 that have reported second quarter earnings so far, nearly 83% have beaten Wall Street expectations, according to Refinitiv data. That is the highest rate on record dating back to 1994, with just 16% of companies reporting below analyst expectations.
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