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Markets

Dow jumps 1,000 points on stimulus hopes

Trump to announce support for airlines, cruises and hotels

A trader works on the floor of the New York Stock Exchange.   © Reuters

NEW YORK -- After a tumultuous day of trading, the Dow Jones Industrial Average closed more than 1,000 points higher Tuesday, one day after the market suffered the worst session since the financial crisis in 2008.

Stocks saw a 900-point rally in the morning, only to dive back into negative territory as investors nervously awaited news of a stimulus plan from Washington to cushion the blow of the new coronavirus.

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