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Buyers returned to Wall Street Tuesday, sending stocks higher in a session that was marked by indecision even as the Dow Jones industrials closed up 270 points. Encouraging news from Ford Motor Co. and General Electric Co. calmed the market a day after a massive decline.
A litany of bad economic news has snuffed out Wall Street’s five-day rally, sending stocks falling sharply as investors realized anew how troubled the U.S. economy really is.
A stock market gaining confidence in the nation’s financial system bolted higher Wednesday, propelling the Dow Jones industrials and Standard & Poor’s 500 index to their first four-day advance since last spring.
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