Super Tuesday spawns rally | Bloomberg quits | How low can bond yields go?

Stocks rallied Wednesday after former Vice President Joe Biden's strong Super Tuesday showing.

VIEW IN BROWSER | SUBSCRIBE WED, MAR 04, 2020 EVENING BRIEF AS OF WED, MAR 04, 2020 • 04:21 ET DJIA 27090.86 +4.53% +1173.45 S&P 500 3130.12 +4.22% +126.75 NASDAQ 9018.09 +3.85% +334.00   Most Active DOW NAME LAST CHG %CHG AAPL 302.74 +13.42 +4.64% MSFT 170.55 +6.04 +3.67% PFE 36.40 +2.10 +6.12% S&P 500 NAME LAST CHG %CHG BAC 28.39 +0.64 +2.31% AMD 50.11 +3.36 +7.19% GE 10.95 +0.07 +0.64% NASDAQ NAME LAST CHG %CHG AMD 50.11 +3.36 +7.19% AAPL 302.74 +13.42 +4.64% MSFT 170.55 +6.04 +3.67% EDITOR'S NOTE Super Tuesday spawned a bullish Wednesday with stocks soaring out of correction territory. Health-care names rallied on diminished fears of Vermont Sen. Bernie Sanders' promised reforms. Investors also applauded the Democratic Party's apparent swing from progressive to moderate as former Vice President Joe Biden racked up big wins. Despite the rally, some analysts warn the worst may not be over as the coronavirus takes its toll on the global economy. CNBC's Fred Imbert writes that the market may not hit bottom until the number of coronavirus cases finally peaks. The stock market has swung in recent weeks from record highs to dizzying dips, and yields in the bond market have been setting record lows.    So far, the outbreak isn't showing up very much in the economic data. The Federal Reserve's Beige Book reported that the economy is still growing at a "modest to moderate pace."   The report did, however, warn of negative impacts to travel and tourism as well as supply chain disruptions. There may be more of that to come. The report noted, "producers feared further disruptions in the coming weeks."   Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world. Al Lewis | CNBC Markets Editor @tellittoal TOP NEWS  Dow jumps as Biden Super Tuesday victories boost health-care stocks 10-year Treasury yield remains low as investors still look for safety amid coronavirus fears Coronavirus live updates: US lawmakers agree on $8.3 billion funding plan, LA county declares emergency Fed 'Beige Book' shows business worried about coronavirus and the election Private payrolls up 183,000 as hiring shows no signs of coronavirus scare Mike Bloomberg drops out of 2020 presidential race, endorses Joe Biden With Mike Bloomberg out of presidential race, Bloomberg journalists resume normal political coverage The market is rallying now, but these indicators will show when the selling is really over Wall Street's Biden 'relief rally'? Stocks rebound on Super Tuesday results Grocery stockpiling is most severe near coronavirus clusters—then there's Colorado     TOP VIDEO Watch CNBC's full interview with GE CEO Larry Culp   CNBC PRO These high quality stocks bounce back the fastest after a market sell-off, Bernstein says   SPECIAL REPORTS Here are the key levels to watch in utilities and gold as investors get defensive: Trader Coronavirus will likely deliver a short-term economic shock to the US, Canaccord strategist warns   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2020 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS