How major US stock indexes fared Friday
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March 29, 2020 12:03 AM
Major U.S. stock indexes fell more than 3% on Wall Street Friday, giving back part of the gains they piled up over the past three days. A rally this week pushed the S&P 500 up 10% as traders became hopeful that a $2 trillion relief bill would ease the severe economic damage being caused by shutdowns related to the coronavirus. The House passed the bill Friday afternoon and President Donald Trump was due to sign it later in the day. Even after the rally this week the market is down 25% from the peak it reached a month ago.
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