On Thursday, the Dow Jones industrial average erased its 2020 losses.<br />Business Insider reports that stocks rallied on the Federal Reserve's new monetary policy framework.<br />The 30-stock index gained as much as 1.1% in the session.<br />Microsoft and Walmart led the index higher following news of their joint bid for TikTok.<br />The Dow has lagged its peers in turning positive for the year, largely due to its smaller exposure to rallying tech giants.<br />The industrial average now sits roughly 1,000 points away from notching a record high.
