NEW YORK (Reuters) - The Nasdaq hit a record high on Tuesday and the S&P 500 posted its biggest one-day gain in nearly six months as fears of a heavy economic impact from the coronavirus outbreak waned after China's central bank intervened.
The Dow Jones Industrial Average (DJI) rose 408.76 points, or 1.44%, to 28,808.57, the S&P 500 (SPX) gained 48.71 points, or 1.50%, to 3,297.63 and the Nasdaq Composite (IXIC) added 194.57 points, or 2.1%, to 9,467.97.