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Global stock rally zooms into Day 2 on hopes for coronavirus peak

WorldNews Tuesday, 7 April 2020
Global stock rally zooms into Day 2 on hopes for coronavirus peakNEW YORK (AP) — Stocks climbed in early trading on Wall Street Tuesday as markets around the world piled on even more gains following their huge rally a day earlier. The S&P 500 was up about 1.5% in morning trading, after paring bigger gains from earlier. It added on to Monday's 7% surge, following encouraging signs that the coronavirus pandemic may be close to leveling off in some of the hardest hit areas of the world. Even though economists say a steep recession is inevitable, if not already here, the stock market is looking ahead to when economies will reopen from their medically induced coma. A peak in the number of new infections...
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News video: Stock Markets Surge as Infections Approach Peak Levels

Stock Markets Surge as Infections Approach Peak Levels 01:16

US officials have warned this week could be the 'hardest and saddest' of the COVID-19 outbreak. Still, both US and global stock markets soared Monday as investors grasp overseas progress against the coronavirus.

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