The Latest: Stocks gain; gov't pledges support for airlines

The stock market has doubled its gains as members of the Trump administration provide details about plans to support the U.S. economy during the coronavirus outbreak

NEW YORK -- The Latest on action in the financial markets (all times local):

12:30 p.m.

Included in whatever economic bailout package comes forth will be substantial financial aid for the airline industry. Shares of big carriers such as American and United have been pummeled as countries restrict travel and travelers choose to stay home.

The White House on Tuesday was asking Congress to approve a massive emergency rescue package to help businesses as well as taxpayers.