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Wall Street rises on relief over banks and inflation.



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Wall Street’s worries eased on Tuesday, as investors took comfort from signs that a potential banking crisis appeared contained and bet on a more supportive environment for the economy going forward.The S&P 500 rose 1.7 percent, lifted by a recovery in some bank stocks and bolstered by gains for heavyweights like Microsoft and Apple, which because of their size have a bigger impact on the performance of the broader index. More than three-quarters of the stocks in the index rose on Tuesday.It’s common for stocks to bounce after a substantial fall, as investors try to gauge where markets will shake out once a period of stress passes. Nonetheless, the lift in the market was a welcome reprieve for investors who have been batte …

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