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Stocks open higher after worst day since 1987

March 17, 2020


U.S. stocks opened higher Tuesday after the Trump administration said it planned financial support for an airline industry devastated by a drop in travel caused by the coronavirus pandemic.

The gains following the market’s worst sell-off in more than three decades on Monday.

The Dow Jones industrial average climbed 400 points and the Standard & Poor’s 500 added 2.2%. Both averages had their worst day since the “Black Monday” stock market crash of 1987 the prior day.

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