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US stocks rally despite record unemployment claims

by staff
US stocks rally despite record unemployment claims


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ANGELA WEISS

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The normally-busy Times Square is almost deserted as New Yorkers stay in their homes

Top US share indexes have jumped for a third day in a row as investors hope a giant government relief package will blunt the economic blow from the coronavirus.

The Dow Jones and S&P 500 both climbed more than 6%, capping their best three-day streaks since the Great Depression.

The Nasdaq ended higher for a second day, up 5.6%.

The rise came despite data showing a record 3.28 million…



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