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Wall Street closes higher on signs of economic recovery

Wall Street advanced on Tuesday as the prospect of additional stimulus and a record jump in retail sales suggested the U.S. economy could bounce back sooner than expected, five months into its pandemic-inflicted recession.
Wall Street closes higher on signs of economic recoveryWall Street closes higher on signs of economic recoveryWall Street closes higher on signs of economic recovery
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Oil prices rise 3% on signs of U.S. economic recovery

Oil prices rose 3% in volatile trade on Tuesday as Wall Street surged and the International Energy Agency (IEA) increased its oil demand forecast for 2020, but gains were capped by worries about a second wave of coronavirus cases.
Oil prices rise 3% on signs of U.S. economic recoveryOil prices rise 3% on signs of U.S. economic recoveryOil prices rise 3% on signs of U.S. economic recovery
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Stocks and dollar gain on U.S. retail sales, drug trial

Risk appetite found new life on Tuesday on a record rebound in U.S. retail sales, fresh support from the Federal Reserve and Bank of Japan, and upbeat trial results for a COVID-19 treatment, driving global equity markets higher and boosting the dollar.
Stocks and dollar gain on U.S. retail sales, drug trialStocks and dollar gain on U.S. retail sales, drug trialStocks and dollar gain on U.S. retail sales, drug trial
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U.S. says former eBay workers sent live roaches, bloody pig mask to intimidate critics

Six former eBay Inc employees have been criminally charged with mounting a cyberstalking campaign against a Massachusetts couple whose online newsletter they viewed as critical of the e-commerce company, U.S. prosecutors announced on Monday.
U.S. says former eBay workers sent live roaches, bloody pig mask to intimidate criticsU.S. says former eBay workers sent live roaches, bloody pig mask to intimidate criticsU.S. says former eBay workers sent live roaches, bloody pig mask to intimidate critics
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Lufthansa shareholder Thiele raps bailout deal, raises stake

German investor Heinz Hermann Thiele sharply criticised a 9-billion-euro ($10.14 billion) bailout deal for carrier Lufthansa , saying he had raised his stake in the group to more than 15% and hoped alternative options could be explored.
Lufthansa shareholder Thiele raps bailout deal, raises stakeLufthansa shareholder Thiele raps bailout deal, raises stakeLufthansa shareholder Thiele raps bailout deal, raises stake
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