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Urgent: U.S. stocks jump after ECB rate cut decision

Xinhua, March 12, 2016 Adjust font size:

U.S. stocks posted solid gains Friday, as investors continued to assess the impacts of the European Central Bank (ECB) decision to cut its benchmark interest rate to a record low of zero percent.

The Dow jumped 1.28 percent, and the S&P 500 gained 1.64 percent, while the Nasdaq leapt 1.85 percent. Endit