The Fed's initiative undergirds government efforts to combat fallout from the economic shutdown imposed to curb the spread of the COVID-19 pandemic.
Costco says it is giving priority store access to first responders and health care workers as the company rolls out new initiatives aimed at slowing the spread of the coronavirus.
The gains have lifted the S&P 500 out of its bear market, which would officially end with the index closing above 2,684.88.
A new survey shows small businesses fear they might not recover from the coronavirus shutdown, without some help. New federal and local programs offer some assistance.
More people are trying to enjoy some outside activity, and local bike shops are able to be open to help cyclists be prepared.
The S&P 500, which was close to exiting its bear market, ended the session modestly lower.
The company said in a statement, "Halliburton confirms we are significantly reducing our workforce. This was a difficult decision, but is a necessary action as we work to successfully adapt to challenging market conditions."
Lowe's says it is closing all of its locations in North America for Easter Sunday.
The number of new cases over the weekend in New York City, the U.S.’s epicenter for the virus, rose by 30.4 percent versus last week, down from a 46.1 percent jump the week prior.
The major futures indexes are indicating a decline of 1.3 percent when trading begins.
Grupo Modelo, the producer of the beer, announced the suspension in a press release on Friday.
The Dow Jones Industrial Average rose over 469 points, or 2.2. percent.
Target is taking new steps to combat the spread of coronavirus at its stores.
Grocery store chain Kroger has announced it will pay all hourly frontline employees extra during the COVID-19 pandemic.
On their website, Trader Joe's said, "All Trader Joe's Stores will be CLOSED on Easter Sunday, April 12th to give our incredible Crew Members a much needed day of rest."
Hackers have been intruding on Zoom teleconferences, according to the FBI.
The Dow, which through Monday had fallen almost 22 percent this year, was on track for its biggest quarterly decline since 1987.
The national retailer said it will also be offering gloves and masks to associates as supplies permit.
The Better Business Bureau (BBB) released a warning to individuals involving a text message scam impersonating government agencies in an attempt to obtain sensitive information.
Monday’s advance comes after President Trump on Sunday evening announced the extension of social distancing guidelines through at least April 30.