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    National News Desk

    Asian shares jump after Dow sees biggest gain since 1933

    March 24, 2020 7:23PM AKDT
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    NEW YORK (AP) — Shares have advanced in Asia after the Dow Jones Industrial Average surged to its best day since 1933 as Congress and the White House neared a deal on Tuesday to inject nearly $2 trillion of aid into an economy ravaged by the coronavirus. Japan’s Nikkei 225 surged 5.3% and Hong Kong jumped 3%. The Dow burst 11.4% higher, while the more closely followed S&P 500 index leaped 9.4% as a wave of buying around the world interrupted what has been a brutal month of nearly nonstop selling. Despite the gains, investors were far from saying markets have hit bottom. Rallies nearly as big as this have punctuated the last few weeks, and none lasted more than a day.

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