Stocks bounce back from 2020 losses on hope for quick recovery
US stocks erased their 2020 losses on Monday, boosted by optimism that the US economy is poised for a quicker-than-expected comeback after it was brought to a near standstill by the coronavirus pandemic. The Dow Jones industrial average rose 461.46 points, or 1.7 percent, to close at 27,572.44, building on Friday’s 829-point rally fueled by...