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News Link • Federal Reserve

U.S. stocks rally after Larry Summers’s withdrawal of Federal Reserve candidacy

• AFP

US stocks Monday followed global markets higher, rallying on Larry Summers’s withdrawal as a candidate to lead the US Federal Reserve.

Five minutes into trade, the Dow Jones Industrial Average jumped 148.37 (0.96 percent) to 15,524.43

The broad-based S&P 500 shot up 

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