Stocks surged on Tuesday as a record jump in retail sales -- coupled with positive trial results from a potential coronavirus treatment and hopes of more stimulus -- sent market sentiment soaring.
The Dow Jones Industrial Average traded 835 points higher, or 3.3%. The S&P 500 gained 2.8% while the Nasdaq Composite climbed 2.3%.
The U.S. government reported a record 17.7% increase in retail sales for May. Economists polled by Dow Jones expected a gain of 7.7%.
Source: CNBC