Dow Jumps 300 Points After Bank Regulators Ease Volcker Rule

Dow Jumps 300 Points After Bank Regulators Ease Volcker Rule

TOPLINE

The stock market took a hit from disappointing unemployment data and a rising number of coronavirus cases Thursday morning, but rebounded after U.S. regulators said they would ease post-financial crisis restrictions on big banks.

Several states are seeing record numbers of new coronavirus cases.

Spencer Platt/Getty Images

KEY FACTS

The Dow Jones Industrial Average was up 1.2%,…

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