Wall Street roars back, sparked by stimulus hopes

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© Reuters. Traders work on the floor at the NYSE in New York© Reuters. Traders work on the floor at the NYSE in New York

NEW YORK (Reuters) – Wall Street surged on Monday as investors hunted for bargains following reassurances by central banks that they stood ready to counter the economic impact from the coronavirus following last week’s steep sell-off.

The rose 1,296.81 points, or 5.1%, to 26,706.17, the gained 136.3 points, or 4.61%, to 3,090.52 and the added 384.80 points, or 4.49%, to 8,952.17.

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