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Urgent: U.S. stocks surge on upbeat earnings, China rate cut

Xinhua, October 24, 2015 Adjust font size:

U.S. stocks jumped Friday after the release of strong quarterly results from three tech giants, fueled by the interest rate cut by China's central bank.

The Dow rose 0.9 percent, and the S&P 500 gained 1.1 percent, while the Nasdaq soared 2.3 percent. Endit