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Stocks rally on hopes the coronavirus pandemic is stabilizing

April 6, 2020

Via: USA TODAY

U.S. stocks advanced Monday on signs of a slowdown in coronavirus deaths and new cases in some of the hardest-hit areas throughout the world.

The Dow Jones industrial average soared nearly 1,000 points. The Standard & Poor’s 500 rose 4.5%, after posting a third week of losses in the past four on Friday. All 11 sectors in the broad index were higher, led by gains in the utility, materials and technology sectors.

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