Finance

Dow futures up 900, ‘limit up,’ hope for a stimulus deal

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A trader works on the floor of the New York Stock Exchange in New York, the United States, March 18, 2020.

Michael Nagle | Xinhua News Agency | Getty Images

All eyes are on Congress to pass a much-needed stimulus bill to rescue the economy from the coronavirus damage. The stock market is staging a turnaround with futures on the major indexes all briefly hitting “limit up” levels. Here’s what’s happening:

7:30 am: Travel, airline stocks surge

Some of the stocks worst hit in the coronavirus sell-off have gained steam in pre-market trading Tuesday. With potential relief for the aerospace industry getting closer, Delta Airlines rose 9.6% pre-market, while United climbed 8.9%. Boeing gained…



Source cnbc.com

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