The Senate has passed an $8.3 billion measure to help tackle the coronavirus outbreak in hopes of reassuring a fearful public and accelerating the government's response.
Stocks are falling in midday trading on Wall Street, erasing 2 percent from major indexes, a day after they surged 4 percent as the mood swings back to fear about economic fallout from the virus outbreak.
Elizabeth Warren, who electrified progressives with her “plan for everything” and strong message of economic populism, dropped out of the Democratic presidential race on Thursday, according to a person familiar with her plans.
The Dow Jones Industrial Average soared more than 1,100 points, or 4.5%, Wednesday as governments and central banks around the globe took more aggressive measures to fight the virus outbreak and its effects on the economy.
Carolyn Dewitt, president of Rock the Vote, a non-profit focused on building the political power of the younger generation, told Cheddar Wednesday that the voting bloc has been flexing their civic muscles in some localities this primary season.
Stocks are rising sharply in morning trading on Wall Street, led by health care stocks after Joe Biden scored a number of Super Tuesday wins. Investors see him as a more business-friendly alternative to Bernie Sanders.
