Why the Dow Rallied 372 Points Despite Trump’s Tantrum over Shutdown Deal

2019-2-13 01:00

The Dow Jones Industrial Average jumped 372 points (1. 48%) Tuesday. A bipartisan deal to avert a second government shutdown drove Tuesday’s rally. The deal secures border funding, but Republicans and Democrats dispute what’s in it.

Donald Trump says he’s “not happy” about it but will probably sign it. U. S. -China trade hopes also gave the stock market some lift today. Saudi Arabia’s decision to cut oil production was another factor. Dow Surges by Nearly 400 Points The Dow Jones Industrial Average soared nearly 400 points Tuesday, closing 372 points (1. 48%) higher on news of a bipartisan agreement between Republicans and Democrats

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