NEW YORK (AP) — Stocks opened higher on Wall Street Wednesday morning after a deal on virus aid was reached.
Stocks moved tentatively higher in early trading after Congress and the White House reached a deal to inject nearly $2 trillion of aid into an economy ravaged by the coronavirus.
The S&P 500 was up slightly in the first few minutes of trading.
If the gain holds, it would be the first back-to-back increase for the index since the market's sell-off began last month.
The Dow rose 1%, a day after surging 11.4%.
Investors say market volatility is likely to continue both up and down until the number of new coronavirus cases peaks.