Dow jumps more than 700 points after four-day losing streak
CNN
Stocks surged Wednesday as investors celebrated a drop in crude oil prices.
The Dow gained more than 700 points, or 2.1%, in midday trading. It was a broad-based rally, with oil giant Chevron (CVX) the only Dow stock trading lower.
The S&P 500 and Nasdaq were up about 2.6% and 3.2% respectively. If the gains hold throughout the trading session, Wall Street will snap a four-day losing streak.
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