President Trump Explains Easter Coronavirus Goal, Stimulus Package, Dow Record

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In a Tuesday update from President Donald Trump’s White House coronavirus task force, Trump reemphasized his hope to reopen the U.S. by April 12.

“We’re all working hard to make that a reality…we’re meeting with many people,” Trump said.

Trump added that the federal government is using every resource of the federal government to supply New York and the other severely impacted states.

Trump said he has yet to have to invoke the Defense Production Act, touting the efforts of Ford  (F) - Get Report, 3M  (MMM) - Get Report, GE  (GE) - Get Report and more.

“We’re receiving full cooperation from private companies with the understanding that we can compel support if need be, Trump said.

Trump also said that the vote on a federal stimulus package will occur “hopefully soon.”

“Republicans and Democrats are getting very close to a fair deal,” Trump said.

As of 4:30 p.m. ET Tuesday, 53,268 cases have been confirmed in the U.S., with 25,665 confirmed in New York state, per Johns Hopkins University.

415,876 cases of coronavirus have been confirmed globally, and 18,614 deaths have been attributed to the disease, per Johns Hopkins. 107,823 cases have resulted in a recovery.

Trump’s Tuesday briefing followed another historic day on Wall Street. The Dow Jones Industrial Average finished up 2,112 points, or 11.37%, to 20,704, for its biggest one-day percentage gain since 1933.

“This is very encouraging; they [Wall Street] are seeing we want to get our country open as fast as possible,” Trump said. 

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