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Dow gains 300 points as investors weigh government plans to shield economies from coronavirus fallout

Carmen Reinicke   

Dow gains 300 points as investors weigh government plans to shield economies from coronavirus fallout

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  • US stocks climbed on Friday, extending gains from the prior session.
  • Investor confidence has been boosted by efforts from governments and central banks to prop up major economies, shield jobs, and provide liquidity to markets amid the coronavirus pandemic.
  • Oil continued to gain after its record-breaking rebound Thursday.
  • $4.

US stocks climbed on Friday, $4. The gains come as investor confidence rebounds amid government actions designed to curb the spread of coronavirus and protect economies around the world.

The White House is working towards finalizing the details of a $4 to prop up the US economy, while the Federal Reserve has introduced many emergency measures from its toolkit to provide liquidity to markets reeling from the pandemic.

Here's where major US indexes stood shortly after the market open at 9:30 a.m. ET on Friday:

  • $4: 2,440.76, up 1.3%
  • $4: 20,391.02, up 1.5% (304 points)
  • $4: 7,311.41, up 2.3%

Read more: $4

Oil slid after rallying on Thursday, $4. The US dollar has also weakened against a basket of currencies, snapping a rally that's been sparked by investors rushing to the greenback for safety and liquidity.

Still, uncertainty remains. On Thursday, US jobless claims came in higher than expected, $4 as the pandemic continues. There have $4 amid the pandemic, although Treasury Secretary said Tuesday during a press conference at the White House that $4."

Read more: $4



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