NEW YORK - It took just a few hours for fear to turn back into greed on Wall Street Monday, and stocks erased a sharp, early slump to notch healthy gains after the Federal Reserve unveiled its latest push to prop up the economy.The S&P 500 climbed 0.8% following the latest day of big swings in global markets, as a remarkable, weekslong rally shows some cracks.
Worries are rising that additional waves of coronavirus infections could derail the swift economic recovery that Wall Street had seemed so sure was on the way just a week ago.When trading began in New York, those worries seemed set to drag the U.S.
stock market to a loss following sharp declines in Asia and more modest ones in Europe. The S&P 500 quickly fell 2.5%, with stocks that.
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