US stocks closed up nine percent on Friday (local time) as President Donald Trump declared a national emergency to combat the coronavirus outbreak.
The Dow Jones Industrial Average, the broadest equities gauge on the New York Stock Exchange, settled up 9.4.
The S & P500, barometer for the top 500 US stocks, rose nine percent while the tech-heavy Nasdaq Composite gained 9.4 per cent.
All three indexes were still down about 20 per cent or more from their February highs, placing them into continued bear markets.
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