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Stocks climb as virus numbers comfort markets

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An analyst says 'traders are optimistic that the outbreak is nearing its peak and that governments would roll out more stimulus.' coronavirus

WALL STREET. A woman walks past the New York Stock Exchange in New York City on March 19, 2020. Photo by Johannes Eisele/AFP

Though expected more volatility in the days ahead, JJ Kinahan, chief market strategist at TD Ameritrade, was upbeat:"We're going to get through this and when we do, people will get back to work pretty quickly."

 

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Meanwhile the PSE keeps dropping because of uncertainty and a directionless government which can't even accredit dozens of COVID-19 laboratories.

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