Stock Market Wrap-Up: Here's Why 2 Coronavirus-Crushed Stocks Bounced Today
Monday brought a nice recovery for the stock market, which gained on hopes that the coronavirus outbreak in the U.S. might finally be approaching its peak. Gains were broad-based within the Dow Jones Industrial Average (DJINDICES: ^DJI), with all 30 of its component stocks gaining ground on the day. The Dow, S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) all managed to climb 7% to 8% Monday.
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Source Fool.com