Dow Rises Sharply as Investors Bet on Economic Resilience

U.S. stocks rise Tuesday on hopes that global growth can shield the economy from the coronavirus’s impact WSJWhatsNow

U.S. stocks climbed Tuesday on expectations that global growth will prove resilient as fiscal and monetary policies blunt the impact of the coronavirus outbreak on China’s economy.

The Dow Jones Industrial Average jumped 450 points, or 1.6%, returning to positive territory for the year after deep losses Friday. At its peak, the blue-chip index was up slightly more than 500 points.

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