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U.S. equity markets rallied on Wednesday, a day after snapping a five-day winning streak, as concerns grew about a new spike in coronavirus cases.U.S. equity markets rallied on Wednesday morning, a day after snapping their five-day winning streak. The Dow Jones Industrial Average gained 58 points, or 0.23 percent, in the opening minutes of trading, while the S&P 500 and the Nasdaq Composite rose 0.33 percent and 0.64 percent, respectively. The major averages sank Tuesday amid concerns the global economy could take longer to recover from COVID-19 lockdowns than previously expected. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network. |
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