US stocks rise as electoral uncertainty diminishes



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U.S. stocks surged early in Tuesday’s session after President Trump said his aides would cooperate with President-elect Joe Biden’s transition to the White House, allaying investor concerns over a long period of uncertainty.

The Dow Jones Industrial Average added 307 points, or 1%, to 29,901. The S&P 500 rose 0.8%, indicating a second day of gains in US stocks after the opening bell. The highly technological Nasdaq Composite Index rose 0.4%.

Investors …

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