Dow soars 600 points after $2 trillion coronavirus stimulus deal reached | Markets Insider

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Dow soars 600 points after $2 trillion coronavirus stimulus deal reached | Markets Insider
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Dow soars 600 points after $2 trillion coronavirus stimulus deal reached

The Senate stimulus package will more directly put money in the hands of ailing businesses and consumers as the outbreak risks near-term economic recession.

Oil traded lower Wednesday morning after turning lower in the previous session. The commodity has been under pressure in recent weeks as Saudi Arabia and Russia flood the market with fresh inventory and drive prices near two-decade lows.Morgan Stanley studied decades of recession history to compile a playbook for what to buy during and after a stock bear market — and when to do it

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