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Stocks push higher in volatile trading

by drbyos

US equities regained ground after Monday’s revenge punishment as the Federal Reserve and the White House moved to mitigate the economic blow of the coronavirus pandemic.

The S&P 500 gained 6.3% and the Nasdaq Composite rose 6.2%. The Dow Jones Industrial Average recently rose 5.3%, after falling below 20,000 points at some point in the morning. On Monday, the blue-chip indicator posted the second worst percentage drop ever, behind only the 1987 Black Monday crash, fearing that the pandemic is interrupting supply chains …

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