25.03.2020 Dow Jones Daily Analysis

25.03.2020 Dow Jones Daily Analysis

The Dow Jones made a very big positive move early on Wednesday gaining 2112.98 points in what's its biggest move since 1933. On Tuesday the index had been moving up and down as traders and investors hoped for a deal on the Government $1.6 trillion Stimulus package to be finalized.Covid-19 stimulus deal optimism fueled the Dow Jones' best day since 1933. The Dow has now broken through the 20000 barriers and is now at $20704.91. The only question now is whether it will be able to maintain this position and if so, for how long? This is because the Corvid-19 scare isn't done yet and is in fact far from over because of continued rising cases of the disease in the US and the increased number of fatalities. The stimulus package might be a solution for the time being but in the long run, the Government will have to do something.