NEW: Dow Jones rebounds—though not nearly enough to make up for the massive coronavirus-induced losses suffered Monday.
March 17, 2020, 8:12 PMThe stock market opens after its worst day in three decades after more mass shutdowns by hotels, restaurants and bars adjust to a new reality.
The S&P 500 and Nasdaq also climbed Tuesday, with both indices up by 5.99% and 6.23%, respectively, at closing. Both shed approximately 12% during Monday's bloodletting on Wall Street.amid the coronavirus crisis, establishing a commercial paper fund to help support the flow of credit to U.S. households and businesses.
In the most dramatic move to help average American workers, Treasury Secretary Steven Mnuchin also announced that the administration is looking at sending checks directly to households that are hurting -- possibly within the next two weeks, supporting an idea that began in Congress.
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