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U.S. stocks surge after Fed chair's dovish remarks on rate hikes

Source: Xinhua| 2019-01-05 02:15:04|Editor: Yurou
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NEW YORK, Jan. 4 (Xinhua) -- U.S. stocks traded sharply higher on Friday after Federal Reserve chair Jerome Powell said the central bank will be patient about rate hikes.

The Dow and S&P 500 rose 3.35 percent while the Nasdaq surged 4.16 percent.

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