Rally to end rough month | First down month since March | Stimulus talks continue

U.S. stocks climbed in volatile trading on Wednesday amid rising hopes for further coronavirus stimulus, but major averages still posted their first down month since March.

VIEW IN BROWSER | SUBSCRIBE WED, SEP 30, 2020 EVENING BRIEF AS OF WED, SEP 30, 2020 • 04:41 ET DJIA 27781.70 +1.20% +329.04 S&P 500 3363.00 +0.83% +27.53 NASDAQ 11167.51 +0.74% +82.26   Most Active DOW NAME LAST CHG %CHG AAPL 115.81 +1.72 +1.51% BA 165.26 +1.66 +1.01% MSFT 210.33 +3.07 +1.48% S&P 500 NAME LAST CHG %CHG AAPL 115.81 +1.72 +1.51% GE 6.23 +0.11 +1.80% AAL 12.29 +0.04 +0.33% NASDAQ NAME LAST CHG %CHG AAPL 115.81 +1.72 +1.51% AAL 12.29 +0.04 +0.33% MU 46.96 -3.75 -7.39%   EDITOR'S NOTE Stocks wrapped up September on a high note, but that didn't prevent major averages from suffering their first down month since March. Due to a tech-led correction earlier this month, the S&P 500 finished September down 3.9%. The Dow Jones Industrial Average and the Nasdaq Composite fell 2.3% and 5.2%, respectively, in September. On Wednesday, rising hopes for a coronavirus fiscal stimulus deal overshadowed a vicious presidential debate, sparking a broad rally on Wall Street. Meanwhile, investors also cheered better-than-expected jobs data as well as a record surge in pending home sales.   Still, a chaotic debate Tuesday evening raised concerns about a drawn-out electoral outcome hitting the market into year-end.   "It became pretty apparent that this thing is not going to be over on Nov. 3 and I think the market is probably not too crazy about that," said Daniel Deming, managing director at KKM Financial.   The News with Shepard Smith, premieres tonight at 7pm ET on CNBC. The nightly newscast will provide deep, non-partisan coverage and perspective on the day's most important stories. Yun Li | CNBC Markets and Investing Reporter @YunLi626 TOP NEWS  Dow rebounds more than 300 points on stimulus hope to end first losing month since March Pelosi, Mnuchin fail to reach stimulus deal but will continue talks as House pushes ahead with vote Palantir closes below first trade after NYSE debut Here's everything Google just announced Palihapitiya says election won't matter, stocks going higher next 4 years: 'You need to be long' What the debate means for the markets, according to Wall Street political analysts Palantir insiders struggled to sell shares at debut because they couldn't access trading platform Changes will be made for next Trump vs. Biden debate 'to maintain order' after ugly first round Biden and Trump agreed on at least one thing in debate: Support for electric vehicles Barry Sternlicht sees a 'significant correction in high flying stocks' with a Democratic sweep   TOP VIDEO Palantir CEO Alex Karp on the decision to take the company public   CNBC PRO Wells Fargo created Trump and Biden portfolios — Here's what's in them   SPECIAL REPORTS Elizabeth Warren on Trump's reported $750 income tax payment: 'The system itself is broken' Morgan Stanley's Harris says Black Lives Matter has helped sparked interest in diverse companies   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