Stocks rallied to end a historic week after the Fed unveiled even more measures to help the economy during the coronavirus outbreak.
gained 0.77% to 8,153.58. Stocks rallied to end a historic week of gains after the Fed unveiled even more measures to help the economy during the coronavirus outbreak.
The Fed announced as slew of programs, including loans geared towards small and medium sized businesses, that will total up to $2.3 trillion. The central bank also gave more details on its plans to buy investment-grade and junk bonds. Those moves were enough to overshadow another massive spike in weekly jobless claims.
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