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US stock indexes bounce back from earlier lows

Wall Street snapped back from three-year lows and the Dow jumped more than 1,500 points on Tuesday, as hopes of Washington passing an economic rescue package provided a shot of optimism to markets reeling under the biggest selloff since the financial crisis.
 
All three main U.S. stock indexes jumped about 6%, swinging back from another brutal selloff in the previous session as the virus outbreak forced entire nations to shut down.
 
A separate proposal in the U.S. House of Representatives to grant airlines and contractors a $40 billion bailout lifted the S&P 1500 airlines index by 17.22%.


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