Dow soars as investors take in $2 trillion stimulus deal: March 25, 2020

By CNN Business

Updated 6:54 a.m. ET, March 26, 2020
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11:39 a.m. ET, March 25, 2020

Asian markets are rallying

rkets across Asia had already been climbing following Tuesday's major surge on Wall Street, which was driven by optimism about the US government's response to the pandemic.

  • Japan's Nikkei 225 (N225) ended the day up 8%
  • South Korea's Kospi (KOSPIgained 5.8%.
  • Hong Kong's Hang Seng Index (HSIincreased 3%
  • China's Shanghai Composite (SHCOMP) was last up 2.3%
  • Australia's S&P/ASX 200 closed up 5.5%
Coming on the heels of the central banks, there is increasing optimism that politicians are starting to understand the scale of the economic stop coming our way, as the death toll across Europe and the US continues to rise," wrote Michael Hewson, chief market analyst at CMC Markets UK, in a research note.