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The Dow Industrial Average made history Wednesday with it’s largest single-day point gain in history. Surging 1,086 points, the Dow surged past Christmas Eve loses.
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Dow - Jones - Industrial - Average - Points
The Dow Jones Industrial Average surged more than 1,000 points for the first time in a single session Wednesday, rebounding after a bruising four-session selloff put the blue-chip index and the S&P 500 on the brink of a bear market.
All 30 stocks in the Dow industrials notched gains, as did each of the 11 sectors in the broader S&P. Shares of Amazon.com, Facebook and Netflix climbed more than 8%, while retailers rallied as early data on the crucial holiday shopping season appeared robust. And a nearly 9% rise in oil prices offered a respite for shares of beaten-down energy companies.
Worries - Federal - Reserve - Path - Increases
Worries about the Federal Reserve’s path of interest-rate increases, trade tensions with China and slumping oil prices have spooked investors for much of the fourth quarter, putting all three major U.S....
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