(CNBC) Stocks rose on Tuesday as a record jump in retail sales — coupled with positive trial results from a potential coronavirus treatment and hopes of more stimulus — sent market sentiment soaring. The Dow Jones Industrial Average closed 526.82 points higher, or 2%, at 26,289.98. The S&P 500 gained 1.9% to end the day at 3,124.74 while the Nasdaq Composite climbed 1.8% to 9,895.87. It was the third straight gain for the major averages.
Dow jumps more than 500 points as Wall Street cheers record retail sales comeback
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