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Coronavirus: US stocks defy record jobless claims, rise strongly on massive stimulus plan

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US stocks rose on Thursday, extending a buying streak to three straight sessions, despite record first-time jobless claims, on confidence that a massive stimulus package could help stabilise the economy beset by the Covid-19 outbreak.The Dow Jones Industrial Average closed up more than 1,350 points, or 6.4 per cent, the rise …

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