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Dow jumps 558+ points, Nasdaq exits bear market as coronavirus concerns ease

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The COVID-19 pandemic has sparked widespread unemployment, but these companies are still hiring. NEW YORK - U.S.

equity markets rallied Tuesday as concerns over the coronavirus ease and early-stage plans of re-opening some pockets of the economy take shape.

The Nasdaq, which exited a bear market, surged nearly 4 percent stretching its winning streak to four days, the longest since February.

The Dow Jones Industrial Average gained 558 points, or 2.4 percent, while the S&P 500 rose 3.05 percent. RELATED: CoronavirusNOW.com, FOX launches national hub for COVID-19 news and updates With financial reports for the first quarter just beginning, Wall Street analysts surveyed by FactSet expected S&P 500 earnings to fall 9 percent from a year ago, the

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