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Updated from 4:04 p.m. EDT
Stocks in the U.S. staged a mammoth rally Tuesday after the Federal Reserve's latest attempt to stabilize the markets brought in droves of buyers and forced traders who were heavily short to run for cover.
The Dow Jones Industrial Average bolted up 416.66 points, or 3.6%, to 12,156.81, and the S&P 500 jumped 47.28 points, or 3.7%, to 1320.65. The Nasdaq climbed 86.42 points, or 4%, at 2255.76.
Breadth was positive. Some 5.25 billion shares changed hands on the New York Stock Exchange, with advancers outpacing decliners by a 4-to-1 margin. Volume on the Nasdaq reached 2.5 billion shares as winners beat losers 7 to 3. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
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DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |
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