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Tuesday, March 27, 2018

BREAKING : U.S. Stocks Surge as Trade Worries Ease

BREAKING : U.S. Stocks Surge as Trade Worries Ease

U.S. stocks vaulted higher Monday, with the Dow Jones Industrial Average having its best one-day point gain in a decade, as investor jitters over restrictive trade policies around the world moderated.

The blue-chip index jumped 669 points, or 2.8%, to 24203. The Nasdaq Composite added 3.3%, and the S&P 500 rose 2.7%. The gains represented the Dow's largest one-day point gain since October 2008, and its biggest one-day percentage gain since August 2015.

The reprieve for U.S. stocks comes after the worst week in more than two years. Shares of financial and technology companies within the S&P 500 were some of the biggest winners Monday after investors dumped them in prior sessions, though all sectors got a lift.

Impact : Strong
Sentiment : Good for Asian Stocks

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