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US Stocks rebound on bargain hunting

The US stock market finished session higher on Tuesday, 20 July 2021, as investors chased for bottom fishing after the rout in the prior session. Meanwhile, positive reaction to the latest earnings news also contributed to strength on Wall Street. At the close of trade, the Dow Jones Industrial Average index advanced 549.95 points, or 1.62%, to 34,512. The S&P 500 index added 64.57 points, or 1.52%, at 4,323. The tech-heavy Nasdaq Composite Index was up 223.89 points, or 1.57%, to 14,499. Total 10 of 11 S&P 500 sectors inclined, with industrial (up 2.74%) sector was top gainer, followed by financials (up 2.42%), real estate (up 1.88%), consumer discretionary (up 1.72%), information technology (up 1.47%), energy (up 1.38%), and material (up 1.2%) sectors.

Supreme Court Remands Securities Class Action Against Goldman Sachs Back to Second Circuit | K&L Gates LLP

To embed, copy and paste the code into your website or blog: On 21 June 2021, in a narrow ruling, the Supreme Court held that courts may consider the generic nature of an alleged misrepresentation as evidence of a lack of price impact where defendants seek to rebut the presumption of reliance established under Basic Inc. v. Levinson 1 at the class certification stage. 2 A court must consider this evidence even though it may also bear on the materiality of a statement, an issue which is reserved for the merits phase of the action. The Supreme Court also clarified the burden that defendants must discharge in order to rebut the

Moderna : Wall Street bounces back on renewed economic optimism

Moderna : Wall Street bounces back on renewed economic optimism
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

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