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WALL STREET INSIGHT

Second virus wave to weigh on US stock market again

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A stock trader arriving at NYSE; analysts are seeing a widening gulf between stock-market euphoria and real-world misery.

US stocks rose last week, completing the strongest quarterly gains since 1998 for the Standard & Poor's 500, as investors tune out everything except the "V-shape" on economic-data charts.

At one stage last Friday, the broad indexes looked set to test their 2020 highs after better-than...

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