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WALL STREET INSIGHT

Momentum and an accommodative Fed seen keeping 2020 rally going

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As long as the Fed remains open to stimulus, fears over the ongoing Covid-19 outbreak are expected to be contained, at least on the stock market.

US STOCKS rose last week as ebullience and momentum persisted despite a drastic revision of the scale of the ongoing Covid-19 outbreak.

This week, most strategists say the momentum - and accommodative words from the US Federal Reserve - should keep the 2020 rally going.

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