Stocks rebound on stimulus hopes after Wall Street's worst day since 1987
Stocks rebounded Friday on hopes for a coronavirus aid package from Washington after Wall Street’s worst day since the “Black Monday” crash of 1987.The Dow Jones industrial average jumped 700 points, a day after plunging 2,352 points, or 10%, for its worst loss since its nearly 23% drop on Oct. 19, 1987.The Standard & Poor’s 500 surged 4%. The broad index tumbled more than 20% from its February record Thursday, sliding into a bear market and officially ending […]
