Pelosi says she's optimistic coronavirus relief deal can be reached on Tuesday

WASHINGTON (Reuters) – U.S. House Speaker Nancy Pelosi said she was hopeful that lawmakers could finalize a coronavirus economic stabilization bill on Tuesday, but that a vote may not be able to be held until Wednesday.

In interviews on MSNBC and CNN, Pelosi said there were lingering issues on the relief package that still need to be worked out, such as food aid, but that some issues such as election funding could wait for future legislation.

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Wall Street jumps on hopes of $2 trillion stimulus

(Reuters) – Wall Street jumped at the open on Tuesday as signs that Washington was nearing a deal on a $2 trillion economic rescue package gave a shot of optimism to markets reeling under the biggest selloff since the global financial crisis.

The Dow Jones Industrial Average .DJI rose 1,130.26 points, or 6.08%, at the open to 19,722.19. The S&P 500 .SPX opened higher by 107.04 points, or 4.78%, at 2,344.44. The Nasdaq Composite .IXIC gained 335.47 points, or 4.89%, to 7,196.15 at the opening bell.

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