Stocks rallied today as investors anticipated quick action on a stimulus package, MarketWatch reports. Unemployment for January was 7.6%, but investors are betting the frightening figure will spur Congress to expedite the bill. The Dow rose 217.52 to close at 8,280.59. The Nasdaq gained 45.47 to close at 1,591.71, and the S&P 500 added 22.75, settling at 868.60.
- For the week, the Dow gained 3.5%, the Nasdaq rose 7%, and the S&P 500 gained 5%.