Stock Market Wrap-Up: Wells Fargo Gets Coronavirus Relief, but Will Bank Earnings Get Crushed?

Wednesday was another extraordinarily positive day for the stock market, with major benchmarks once again seeing dramatic gains. Market participants seem optimistic that even with earnings season looming, the economic fallout from the coronavirus pandemic will be short-lived. The Dow Jones Industrial Average (DJINDICES: ^DJI) and S&P 500 (SNPINDEX: ^GSPC) led the way higher with gains between 3% and 4%, with the Nasdaq Composite (NASDAQINDEX: ^IXIC) lagging slightly behind with a rise of 2.58%.

Index

Percentage Change

Continue reading


Source Fool.com