NEW YORK (Pakistan Point News / Sputnik - 27th March, 2020) US stocks rose broadly for a third day on Thursday as the huge government fiscal response to the novel coronavirus (COVID-19) pandemic boosted the key Dow Jones Industrial Average index by more than 6 percent on the day and a total of 20 percent in three days.
The Dow, the broadest equities gauge on the New York Stock Exchange, closed up 1,323 points, or 6.2 percent, at 22,523 after the US Senate passed the $2 trillion� stimulus package. The Dow has gained almost 3,800 points, or around 20 percent, since Monday's close.
The S&P500 index, a barometer for the top 500 US stocks, settled Thursday's trade up 6 percent at 2,622.
The tech-heavy Nasdaq Composite closed up 5.6 percent at 7,780.
Despite Thursday's rebound, Wall Street's main indices remained down for the year, with the Dow off 21 percent, the S&P500 down 19 percent and the Nasdaq off 13 percent.
