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“There’s still a glimmer of hope that Beijing might swoop in with a fiscal stimulus lifeline in October to reignite growth. In short, the market is hanging in the balance, waiting for the next big move,” said Stephen Innes, managing partner at SPI Asset Management.it had set last week. The Dow Jones Industrial Average climbed 431 points, or 1%, to hit its own record, while the Nasdaq composite gained 0.6%.. Norwegian Cruise Line steamed 10.
All told, the S&P 500 rose 40.91 points to 5,792.04. The Dow jumped 431.63 to 42,512.00, and the Nasdaq composite gained 108.70 to 18,291.62. Earlier leaps for oil driven by worries about worsening tensions in the Middle East had helped drag the S&P 500 on Monday to itsTreasury yields have swung recently, first sharply downward through the spring and summer and then turning upward in the last week or so.
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