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US stocks gain as investors weigh Covid-19 impact on economic recovery

The S&P US Listed China 50 index, which is designed to track the performance of the 50 largest Chinese companies listed on US exchanges by total market cap, logged a weekly rise of 6 per cent

US stocks touches two-week high on deals, strong earnings
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Economic activity in the US non-manufacturing sector grew in June after two consecutive months of contraction, the Institute for Supply Management (ISM) reported on Monday

IANS New York
US stocks managed to secure weekly gains after wild trading as investors cautiously eyed the soaring number of coronavirus infections in the country while weighing its impact on an economic recovery.
For the week ending Friday, the Dow rose 1 per cent, the S&P 500 climbed 1.8 per cent and the Nasdaq advanced 4 per cent, Xinhua news agency reported.
The S&P US Listed China 50 index, which is designed to track the performance of the 50 largest Chinese companies listed on US exchanges by total market cap, logged a weekly rise of 6 percent.
"The overarching takeaway is that the stock market

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