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Urgent: U.S. stocks jump despite downbeat data

Xinhua, September 16, 2015 Adjust font size:

U.S. stocks posted solid gains Tuesday, as some investors thought that a batch of soft economic reports could give the Federal Reserve an excuse to postpone rate rise on its two-day policy meeting beginning Wednesday.

The Dow surged 1.4 percent, and the S&P 500 increased 1.3 percent, while the Nasdaq added 1.1 percent. Endit