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Dow Surges 1% as Falling Crude Prices Trigger Stock Relief Rally

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The Story

News Summary

  • U.S.
  • stocks rebounded on Friday, with the Dow Jones gaining over 1% after four down sessions.
  • A drop in crude oil prices provided relief to equity markets, offsetting sticky core inflation data and elevated expectations of an upcoming Federal Reserve interest rate hike.
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104.61 +64.07% over the displayed period

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