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Dow gyrates after 900-point gain


U.S. stocks rebounded Tuesday, a day after crude suffered a historic rout while the broader stock market recorded its worst day since the financial crisis. 

The Dow Jones industrial average jumped 800 points in a wild trading session that saw the blue-chip average swing 1,106 points from its high to its low. 

Tuesday’s moves came after the Dow plunged more than 2,000 points on Monday. A free fall in oil prices and mounting coronavirus cases rattled jittery investors a day earlier and pushed major indexes to the edge of a bear market, or a drop of 20% from a recent peak. 

The Standard & Poor’s 500 climbed 3.9% Tuesday, after the broad index posted its worst one-day percentage drop since October 2008 on Monday. The index is off about 19% from its Feb. 19 record. The technology-heavy Nasdaq Composite climbed 1.3%. 

Dizzying swings have been relentless in markets the last few weeks. Stocks had a couple days last week where they rose more than 4%, only for the bottom to give out again. 



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