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Wall Street jumps as China stimulus measures soothe virus worries

Reuters Tuesday, 4 February 2020
The Nasdaq hit a record high on Tuesday and the S&P 500 posted its biggest one-day gain in about six months as fears of a heavy economic impact from the coronavirus outbreak waned after China's central bank intervened.
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News video: Wall Street jumps as China measures soothe virus worries

Wall Street jumps as China measures soothe virus worries 01:28

The Nasdaq hit a record high Tuesday and the S&P 500 posted its biggest one-day gain in about six months as fears of an economic impact from the coronavirus outbreak waned after China's central bank intervened. Fred Katayama reports.

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