Dow Gained 11% Point Gain In A Single Day, Being The Biggest In History

OPINION | This article contains political commentary which reflects the author's opinion.

The optimism is still alive and well despite our nation’s rollercoaster of harrowing circumstances.

The stock market surged as investors began trusting in the agreements to come, while Congress decided on a stimulus spending bill to relieve American families and businesses affected by the coronavirus pandemic.

The Daily Wire reported:

“In the final hour of trading, gains picked up steam giving the Dow Jones Industrial Average a 2,112 point gain, the biggest ever, or 11 percent, while the S&P 500 gained over 9.3 percent and the Nasdaq over 8.1 percent,” Fox Business reported.

“The upbeat sentiments were boosted by comments from President Trump, who said he supports reopening businesses sooner rather than later.”

After President Trump shared optimistic remarks regarding his belief that the economy would be back to normal function by Easter, markets correspondingly responded positively.

Trump stated:

“We can’t lose these companies if we lose a company that employs 100,000, 150,000 people when we could have given them what they sometimes call a bridge loan,” Trump said. “So it’s a very important thing.”

“Look, Easter is a very special day for me. And I see it sort of in that timeline that I’m thinking about. And I say, wouldn’t it be great to have all of the churches full?” Trump continued. “You know, the churches aren’t allowed essentially to have much of a congregation there. And most of them I watched on Sunday online and it was terrific, by the way. But online is never gonna be like being there. So I think Easter Sunday and you’ll have packed churches all over our country.”

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“I think would be a beautiful time,” Trump concluded. “And it’s just about the timeline that I think is right. It gives us more chance to work on what we’re doing. And I’m not sure that’s gonna be the day, but I would love to aim it right at Easter Sunday. So we’re open for church service and services generally on Easter Sunday. That would be a beautiful thing.”

I think the hope for the economy recovering by Easter, mirrored by the biblical message of recovery, is a beautiful thing.

I’m not sure how much of his remarks are based on data but, at a time like this, we could all use some damn hope.