Today, the Dow Jones Industrial Average experienced its largest gain in a single day since 1933.
From the Wall Street Journal:
U.S. stocks rallied sharply Tuesday, with the Dow surging to its biggest one-day gain in more than 85 years on signs that lawmakers and the Trump administration were nearing a deal on a giant stimulus package aimed at limiting the economic fallout of the coronavirus pandemic.
The Dow Jones Industrial Average gained 2,113 points, or 11.4%, as of 4 p.m. Eastern time. That represented its largest gain in a single day since 1933.
Dow Soars More Than 11% In Biggest One-Day Jump Since 1933
[WSJ, Alexander Osipovich, Caitlin Ostroff, and Joanne Chiu]
The letter from 4 senators was addressed to Zhang Yiming, founder and CEO of TikTok owner ByteDance.
“Republicans feel that Social Media Platforms totally silence conservatives voices. We will strongly regulate, or close them down, before we can ever allow this to happen.”
Apple says it is planning to reopen more than 100 US retail stores this week, and that because the COVID-19 pandemic is ongoing, most locations will only offer curbside or storefront service.
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