The main American stock indexes jumped on Tuesday on optimism that the huge government rescue bill to save the economy from the coronavirus is close to being passed, and an unlimited stimulus promise from the Federal Reserve.

Top US Senate and White House officials have neared a $2 trillion deal to rescue the American economy from the coronavirus crisis. US President Donald Trump suggested he wants to urge businesses to reopen sooner rather than later, saying: “I’m not looking at months.”

Judging by Monday’s collapse on Wall Street, investors are more concerned about talks on Capitol Hill than encouraged by the Federal Reserve’s announcement about the open-ended asset purchase program.

DETAILS TO FOLLOW

Source: RT