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Stocks surge for second day amid apparent slowdown in new virus cases, Dow jumps 800 points [CNBC]
Last norwegian cruise line holdings ltd. ordinary shares earnings: 2/20 07:00 am
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Stocks surge for second day amid apparent slowdown in new virus cases, Dow jumps 800 pointsPublished Mon, Apr 6 2020Updated Moments AgoFred Imbert@foimbertYun Li@YunLi626VIDEO2:3002:30BTIG's Emanuel: The chances are increasing that the March low may have been the low for the marketsWorldwide ExchangeStocks rallied on Tuesday, building on the strong gains from the previous session, as investors grew more optimistic about a decline in new coronavirus cases.The Dow Jones Industrial Average traded 846 points higher at the open, or more than 3%. The S&P 500 gained 3.2% while the Nasdaq Composite surged 2.8%."Investors chose to accentuate the positives, as they have been mostly doing since the bear-market low," said Ed Yardeni, president and chief investment strategist at Yardeni Research, in a note to clients. "In our opinion, we are in the midst of a Great Rebalancing away from bonds and into stocks.""The bear market has most likely discounted a depression-like recession packed into Q2 an
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