Wednesday, April 8, 2020

Stocks surge after Bernie Sanders suspends presidential campaign

Stocks surge after Bernie Sanders suspends presidential campaign
Excerpt: U.S. equity markets rallied to session highs Wednesday after Sen. Bernie Sanders announced he was suspending his presidential campaign. The Dow Jones Industrial Average gained 593 points, or 2.62 percent, ahead of the noon hour while the S&P 500 and Nasdaq Composite rose 2.4 percent and 2.04 percent, respectively. The gains have lifted the S&P 500 out of its bear market, which would officially end with the index closing above 2,684.88.

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