Dow Jones soars as Congress Nears $2 trillion aid package
The Dow gains 11.4 percent to 20,704.91, S&P 500 up 9.4 percent to 2,447.33, and Nasdaq climbs 8.1 percent as global markets rally on expectations of substantial coronavirus relief. Investors hope for a bottom but warn of further economic strain ahead.
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Shortage of medical gloves hits global patients and workers
Malaysia, the leading glove producer, operates at half capacity as demand surges with COVID-19. The industry faces worker abuse history, halted production, and demands for exemptions to resume with reduced staff while global imports decline and U.S. stockpiles grow.
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