The stock market staged a broad rally this week, buoyed by the prospect that the COVID-19’s grip on the nation may be easing and news of another Federal Reserve program to help stabilize businesses.

The Dow Jones Industrial Average jumped 12.67%, while the Standard & Poor’s 500 climbed 12.10%. The Nasdaq Composite Index rose 10.59% for the week. The MSCI EAFE Index, which tracks developed overseas stock markets, advanced 6.32%.1,2,3

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1 – The Wall Street Journal, April 9, 2020.
2 – The Wall Street Journal, April 9, 2020.
3 – The Wall Street Journal, April 9, 2020.