Wall Street surges on rekindled stimulus optimism

U.S. stocks jumped on Wednesday as fresh hopes for a new pandemic relief package and upbeat economic data set the major indexes on course to end the quarter on a high note. All three major indexes moved sharply higher after U.S. House of Representative Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin both expressed hope for a breakthrough in partisan stimulus negotiations. "The real thing that's pushing the markets higher today is hopes for additional stimulus," said Robert Pavlik, chief investment...