In this file photo the Wall Street street sign is seen on March 23, 2020 in New York City. — AFP pic
About 25 minutes into trading, the Dow Jones Industrial Average had gained 2.5 per cent to 23,968.76. Both JPMorgan Chase and Wells Fargo reported huge declines in first-quarter earnings after setting aside large provisions in case of bad loans. Shares of both banks gained early Tuesday, part of a broad-based rally that lifted all 11 sectors of the S&P 500.
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