STAN CHOE and DAMIAN J. TROISE
AP Business Writers
NEW YORK (AP) — Stocks are higher in another day of bumpy trading Wednesday as Congress moves closer to passing a $2 trillion package to help the economy deal with damage caused by the coronavirus.
If the market ends higher, it would mark the first back-to-back gain since a brutal sell-off began last month.
The S&P 500 was up more than 2% in the early afternoon after drifting up and down throughout the morning. A day before, it surged 9.4% as a deal on virus aid neared. Tuesday's 11.4% gain for the Dow Jones Industrial Average was its biggest since 1933.
The White House and Senate leaders did announce an agreement early Wednesday, with the Senate possibly voting on it in the afternoon. Investors were anxiously waiting for this