Which companies to invest in as coronavirus outbreak spreads: Ariel Investments Vice Chairman

Charlie Bobrinskoy, Ariel Investments Vice Chairman, joins "Closing Bell" to discuss markets.

Stocks rebounded aggressively from a three-year low on Tuesday as investors hoped U.S. lawmakers were close to an agreement on a stimulus bill to rescue the economy from the damage caused by the coronavirus.

The Dow Jones Industrial Average soared 1,841 points, or more than 10%, and was on pace for its biggest one-day gain since October 2008. The S&P 500 gained 8.4% while the Nasdaq Composite advanced 7.2%. The Dow and S&P 500 closed at their lowest levels since late-2016 on Monday.

Chevron gained more than 18% to lead the Dow higher. American Express, Boeing and American also rallied more than 14%. Energy was the best-performing sector in the S&P 500, soaring 12.4%, while industrials and financials each jumped more than 10%.

House Speaker Nancy Pelosi told CNBC’s Jim Cramer there is “real optimism” in Congress over a stimulus deal being reached. “We think the bill has moved sufficiently to the side of workers,” she said.

For more coronavirus live updates:
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