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Bear Market Kept at Bay as Stocks Rise From Lows: Markets Wrap

  • Dow Industrials gain more than 800 points in less than 2 hours
  • Euro Stoxx 50 enters bear market; Dollar falls, bonds gain
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Investors React to Biggest U.S. Stocks Rally Since 2009
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Volatility returned to U.S. markets, with stocks roaring back from the lows of the day to close higher after flirting with a bear market. Treasuries rose and oil slipped below $46 a barrel.

The S&P 500 and Dow Jones Industrial Average turned green in a late surge after trading negative for most of the day, with a more than 800 point swing up by the Dow in less than two hours. On top of Wednesday’s 5 percent surge, it was the biggest two-day rally in the S&P since August 2015.