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US: Stocks rally despite surge in unemployment, Dow up 1.9%

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Wall Street stocks rallied on Friday as investors shrugged off historically bad jobs data in anticipation of better times as the economy relaunches from coronavirus shutdowns.

[NEW YORK] Wall Street stocks rallied on Friday as investors shrugged off historically bad jobs data in anticipation of better times as the economy relaunches from coronavirus shutdowns.

The Dow Jones Industrial Average piled on more than 450 points, or 1.9 per cent, to finish at 24,331....

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