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US investors cheer the passage of the latest round of coronavirus relief aid, which has restored some of the optimism that drove global stocks to a record this month.U.S. equities rallied to records after President Donald Trump backed away from earlier threats and signed a coronavirus aid package.
The S&P 500 Index, Dow Jones Industrial Average and Nasdaq Composite touched all-time highs following Trump’s surprise approval of the combined $2.3 trillion Covid-19 relief and government funding package. Germany’s DAX Index also rose to a record. Treasuries dipped and the dollar strengthened.
Bitcoin retreated after a rally over …