Wall Street rebounds after biggest pullback since March

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Wall Street rebounds after biggest pullback since March
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Wall Street rallied sharply at Friday's opening to recover a sizable chunk of the losses seen the day before when stocks suffered their biggest drop in nearly three months

Photoshop maker Adobe Inc rose 2.3% after posting a better-than-expected quarterly profit, driven by strong demand for its cloud software.

“Many companies and businesses are being forced to explore new ways to conduct their businesses online, ranging from remote working, video conferencing to online shopping and payments.” Advancing issues outnumbered decliners for a 14.99-to-1 ratio on the NYSE and a 11.73-to-1 ratio on the Nasdaq.

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