Financial stability amid coronavirus panic Stocks rallied on Friday, recovering some ground after a historic rout that sent shares spiraling into their steepest decline since 1987. Investors are hopeful for a stimulus package that could give businesses and consumers some relief from the impact of the coronavirus.  The Dow rose 773 points, or 3.7%, to 21,974 when markets opened at 9:30 a.m. ET, while the broad-based S&P 500 jumped 5.3% and the tech-heavy Nasdaq surged 5.9%. Wall Street has been pummeled this week, sending the market into the first “bear” market since the financial crisis more than a decade ago. Both the Dow and S&P 500 had fallen more than 20% below their most recent peak through Thursday, ending the record-long bull run that started in 2009. But investors are now looking toward lawmakers in Washington, who are shut in their offices while staff works from home, as they haggle over the White House over a massive financial rescue package to help Americans hurt by the widening crisis. “Bear markets are typically quite short when the economic fundamentals remain solid,” said Brad McMillan, chief investment officer for Commonwealth Financial Network, in a research note. “If the pandemic is quickly brought under control, a


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