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Dow soars by 1,400 points on hopes economic stimulus bill finally passes

Breaking News EmailsGet breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.SUBSCRIBEMarch 24, 2020, 1:31 PM UTC / Updated March 24, 2020, 2:50 PM UTCBy Lucy BaylyWall Street rallied Tuesday on hopes lawmakers are nearing a deal on the $2 trillion stimulus package to help American workers and businesses survive the coronavirus outbreak.The Dow Jones Industrial Average surged by 1,400 points, or almost 8 percent, in mid-morning trading. The blue-chip index soared overnight, hitting its 5 percent "limit up" threshold in premarket activity. The S&P 500 and the Nasdaq both opened up by around 5 percent, notching up modest gains throughout the morning.Let our news meet your inbox. The news an ...