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Manila Times Business

Stocks rise on Wall Street, erasing much of their loss from a day earlier

NEW YORK — Stocks rose on Wall Street Thursday, taking back most of their losses from a day earlier, and are on track to notch weekly gains. The S&P 500 rose 1.1%. The Dow Jones Industrial Average rose 302 points, or 0.6%, as of 10:49 a.m. Eastern. The Nasdaq composite jumped 1.4%. Every major index is on track for weekly gains. U.S. markets will be closed Friday for Juneteenth. The gains are helping to cut losses from a day earlier that were driven by anticipation that the Federal Reserve

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Source: manilatimes.net

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