Stocks jump for a second day, Dow gains more than 700 points [MSNBC.com]
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Source: MSNBC.com
Stocks jump for a second day, Dow gains more than 700 pointsPublished Mon, Apr 6 2020Updated Moments AgoFred Imbert@foimbertYun Li@YunLi626VIDEO2:3002:30BTIG's Emanuel: The chances are increasing that the March low may have been the low for the marketsWorldwide ExchangeStocks rose on Tuesday, building on the strong gains from the previous session, as investors grew more optimistic about a decline in new coronavirus cases.Dow Jones Industrial AverageS&P 500Nasdaq Composite"Investors chose to accentuate the positives, as they have been mostly doing since the bear-market low," said Ed Yardeni, president and chief investment strategist at Yardeni Research, in a note to clients. "In our opinion, we are in the midst of a Great Rebalancing away from bonds and into stocks.""The bear market has most likely discounted a depression-like recession packed into Q2 and Q3," he said. "It certainly hasn't discounted the possibility of an actual apocalyptic depression lasting through at least 2021 and
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