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July 28, 2020

Stock rally returns; gold jumps

NEW YORK (AP) — Wall Street's rally got back on track Monday, while gold rushed to a record at the start of a week packed with potentially market-moving events.

The S&P 500 rose 0.7% to more than recover all its losses from last week, as Apple and other tech giants returned to their winning ways. Nervousness was still hanging over markets, though, and gold shot up to touch its highest price ever.

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