Japan's Nikkei 225 has surged 8 percent and other world markets also jumped after Congress and the White House reached a deal to inject nearly $2 trillion of aid into an economy ravaged by the coronavirus.
The advances Wednesday followed the best day since 1933 for the Dow Jones Industrial Average, which rocketed 11.4 percent higher on Tuesday.
The gains were a respite from a brutal month of nearly nonstop selling. But with cases of the virus still climbing, investors are leery of saying markets have hit bottom.
Rallies nearly as big as this have punctuated the last few weeks, none lasting more than a day.
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