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Dow Soars More Than 1,000 Points in a Miraculous Comeback
Markets staged a miraculous comeback Wednesday following stocks' worst-ever Christmas Eve. The Dow posted biggest daily point gain ever. The Dow rose 1,086 points, gaining 5%. The S&P 500 soared 5%, and the Nasdaq was up about 5.2%, pulling out bear market territory. The day marked the biggest percentage gain for all three indices since March 2009.