Wall Street jumps in hopes of a $ 2 trillion boost

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, the United States, on March 20, 2020. REUTERS / Lucas Jackson

(Reuters) – Wall Street jumped out on Tuesday as signals that Washington was approaching an agreement on a $ 2 trillion economic bailout package gave optimism to markets clashing with the biggest sell -off after the global financial crisis.

The Dow Jones Industrial Average .DJI rose 1,130.26 points, or 6.08%, to 19,722.19. The S&P 500 .SPX opened up 107.04 points, or 4.78%, to 2,344.44. The Nasdaq Composite .IXIC gained 335.47 points, or 4.89%, at 7,196.15 at the opening bell.

Reporting of Sagarika Jaisinghani in Bangalore; Editing by Arun Koyyur

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