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Wall Street Climbs On Rumors Of Stimulus Efforts

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Wall Street Climbs On Rumors Of Stimulus Efforts

Wall Street Climbs On Rumors Of Stimulus Efforts

U.S. stocks edged higher on Monday as rumors of stimulus efforts in China and Germany grew.

According to Reuters, the reports of a possible uptick eased fears of a global downturn.

The S&P 500 recovered following Wednesday’s shortlived flip of the yield curve between 2-year and 10-year Treasuries.

After falling nearly 3% on Wednesday, the S&P 500 has climbed for the last three sessions.

White House officials reportedly have discussed a temporary payroll tax cut to spur the U.S. economy.

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