Stocks rebound from worst day since 2008
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US stocks rallied at Tuesdayβs opening bell. The market is set to rebound from its worst day since 2008, which included the worst point-drop on record for the Dow.
Stocks bounced back after the White House indicated it will propose a payroll tax cut to ease the burden from the coronavirus fallout.
- The Dow opened 850 points, or 3.6%, higher.
- The S&P 500 kicked off 3.4% higher.
- The Nasdaq Composite rose 3.6%.