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Dow Surges 557 Points

Video Credit: Wochit News
Published on July 14, 2020 - Duration: 00:38s

Dow Surges 557 Points

US stocks rose on Tuesday as investors weighed second-quarter earnings results for US banks against spiking coronavirus cases.

JPMorgan gained after earnings beat Wall Street expectations.

Wells Fargo slumped after reporting a loss and cutting its dividend.

Coronavirus cases continue to climb in the US, forcing states to rollback reopening plans and threatening the economic recovery from the pandemic recession.

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