S&P 500 rallies for second day as investors await $2 trillion aid package

The Dow Jones Industrial Average rose 2.39% to end at 21,200.55 points, while the S&P 500 gained 1.15% to 2,475.56

The S&P 500 rallied for a second straight session on Wednesday as the U.S. Senate appeared near a vote on a $2 trillion package to support businesses and households devastated by the coronavirus pandemic.

Wall Street trimmed hefty gains late in the session after reports raised doubts about how quickly the bill might pass, but the S&P 500 and Dow Jones Industrial Average still ended up more than 1% and 2%, respectively.

Boeing surged 24%, bringing its gain over the past three sessions to almost 70%, as investors bet on government support for the aerospace industry as well as airlines. American Airlines