U.S. Stocks Surge as Hopes for Coronavirus Vaccine Build

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U.S. Stocks Surge as Hopes for Coronavirus Vaccine Build
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Stocks surged on coronavirus vaccine hopes, lifting the Dow industrials about 900 points and erasing last week's losses

Federal Reserve Chairman Jerome Powell says the U.S. faces a long, uncertain recovery; as Western countries slowly reopen, clusters appear in Asia; SoftBank reports big losses. WSJ’s Jason Bellini has the latest on the pandemic.

Photo: Johannes Eisele/AFP
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