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May 21, 2020

Stocks close higher as investors regain confidence

By ALEX VEIGA and DAMIAN J. TROISE
AP Business Writers

Stocks closed broadly higher on Wall Street Wednesday, clawing back all of its losses from a day earlier and extending its strong gains for the week.

The S&P 500 rose 1.7% as the market bounced back from a sudden drop on Tuesday that snapped the index's three-day winning streak. Crude oil prices posted their fifth straight gain.


 
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