Wall Street roars back, sparked by stimulus hopes
NEW YORK (Reuters) - Wall Street surged on Monday as investors hunted for bargains following reassurances by central banks that they stood ready to counter the economic impact from the coronavirus following last week’s steep sell-off.
The Dow Jones Industrial Average rose 1,296.81 points, or 5.1%, to 26,706.17, the S&P 500 gained 136.3 points, or 4.61%, to 3,090.52 and the Nasdaq Composite added 384.80 points, or 4.49%, to 8,952.17.
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