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Stocks rally amid relief hopes as Senate bailout battles unfold
Stocks gained for a second day on optimism over a $2 trillion rescue package but late-day wrangling in Congress cooled the rally. The S&P 500 rose 1.2 percent, with two-day gain at 10.6 percent, while lawmakers and market watchers weighed delay risks and the infection surge. Authorities warned the road to a bottom remains uncertain as the death toll nears 20,000 in the U.S. and infections exceed 450,000 globally.
MENTIONED IN THIS ARTICLE
New York
Congress
Wall Street
White House
Senate
Ers
GOP
Tim Scott
Ben Sasse
Lindsey Graham
Bernie Sanders
Vermont
Sweet Crude
NYMX
New York Mercantile Exchange
Chicago Board of Trade
CME
Chicago Mercantile Exchange
ICE
Intercontinental Exchange
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Dodge & Cox Inc
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Fidelity
Franklin Templeton
Pimco TtlRetIns
Schwab Sp500idx
T. Rowe Price Bcgr
Vanguard 500IdxAdmil
Vanguard
Vanguard Intiteadmil
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InsidxInsPlus
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Vanguard Stinvmgrdadmrl
SEC
The
Associated Press