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Coronavirus: U.S. stocks extend rally, TSX dips in early trading

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globalnews.ca

Wall Street on Wednesday extended its massive bounce from the previous session as Washington reached a deal for a $2 trillion stimulus package to help businesses and millions of Americans hit by the economic fallout of the coronavirus pandemic.

The S&P 500 opened higher by 10.44 points, or 0.43 per cent, at 2,457.77. The Dow Jones Industrial Average rose 345.43 points, or 1.67 per cent, at the open to 21,050.34, while the Nasdaq Composite gained 3.50 points, or 0.05 per cent, to 7,421.36 at the opening bell. [ Signup for our Health IQ newsletter for latest coronavirus updates ] In Toronto, however, the benchmark S&P/TSX composite index was down slightly, by 40.11 points to 12,530.97, at 9:50 a.m.

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