U.S. equity markets opened higher Friday after the House of Representatives ratified a $484 billion small-business relief bill.

U.S. equity markets opened higher Friday after the House of Representatives ratified a $484 billion small-business relief bill. The bill, which is headed to President Trump to be signed, replenishes the Paycheck Protection Program, a forgivable loan program that small businesses can tap to keep employees on their payroll, with $310 billion. The Dow Jones Industrial Average gained 194 points, or 0.83 percent, while the S&P 500 and Nasdaq Composite climbed 0.7 percent and 0.5 percent, respectively.

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