Dow erases 2020 losses as US stocks climb – Yahoo News UK

Dow erases 2020 losses as US stocks climb – Yahoo News UK

Wall Street showed flexibility on Friday, as the Dow erased its losses for the year and the S&P and Nasdaq again hit record highs as investors ignored the ongoing coronavirus crisis, while markets elsewhere saw more moderate exchanges.

Much of the positive sentiment can be attributed to the Federal Reserve, which has made it clear that U.S. interest rates will remain extremely low for as long…

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