By Geoffrey Smith
Investing.com — U.S. stock markets extended Monday’s blistering rally at the opening on Tuesday, on hopes that the Covid-19 pandemic will peak soon, allowing at least a partial lifting of lockdown restrictions on the economy before long.
The opened up 930 points at a four-week high of 23,610 points, up 4.1% from Monday’s close. The opened up 3.1%, while the opened up 2.7%.
All three indices had gained more than 7% on Monday as reports emerged of a new package of economic support measures being prepared in Washington. House Speaker Nancy Pelosi said the measures could be worth over $1 trillion.
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