also moving higher. Fed Chair Jerome Powell’s statement that the Fed would support the economy “for as long as it takes” also put nervous investors at relative ease after concerns regarding more stimulus moved the markets lower in the last few trading sessions. However, lots of fears remained centered around Europe, which somewhat tempered gains. Fears of another national lockdown in the UK prevailed with Prime Minister Boris Johnson ordering bars and restaurants closed between 10 p.m. and 5 a.
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