U.S. Stocks Extend Gains With Stimulus in Sight: Markets Wrap

By Vildana Hajric and Sarah Ponczek

U.S. stocks looked to post their first back-to-back gain since the coronavirus crisis began as investors awaited unprecedented government spending packages aimed at countering the hit from the pandemic. Treasuries advanced.

The S&P 500 Index was headed toward its biggest two-day advance since 2008 after overnight negotiations in Congress paved the way for a vote on the bill this week. Boeing Co. rallied more than 30%, lifting the price-weighted Dow Jones Industrial Average for a second day.

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