Subscribe now to stay ahead with the most trusted business news source. The money at stake in the stimulus legislation amounts to more than what the US government spends on national defense, scientific research, highway construction and other discretionary programs.
Wednesday's gains came after the Dow surged 11.4 per cent, its biggest one-day percentage increase since 1933, on indications Congress is nearing agreement on a rescue package for the United States economy that could amount to more than USD 2 trillion.