The Dow Jones Industrial Average rallied despite President Trump blasting the $900 billion coronavirus stimulus bill and demanding more money be sent to Americans. House Speaker Nancy Pelosi has backed the move. The market was partially buoyed due to better than expected weekly jobless data. Meanwhile, American Express (AXP) and JPMorgan Chase (JPM) were the best performing blue chips.


Among EV stocks, Nikola (NKLA) stock dived as another deal unraveled, Tesla (TSLA) rallied and Chinese rival Nio (NIO) lost ground. Several homebuilder stocks also lost ground after recently trying to surpass recent buy zones amid weak new home sales data.

President Trump posted a video on Twitter late Tuesday in which he poured scorn on the new stimulus bill, taking aim at the

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