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Coronavirus outbreak: NYSE opens trading week with modest gains despite COVID-19 crisis worsening

U.S. stocks rallied on Monday, led in part by a climb in healthcare stocks as investors looked for shares that have become cheap and can withstand the impact to the economy from the spread of the coronavirus.

The Dow Jones Industrial Average rose 690.7 points, or 3.19%, to end at 22,327.48 points, the S&P 500 gained 85.18 points, or 3.35%, to 2,626.65 and the Nasdaq Composite added 271.77 points, or 3.62%, to 7,774.15.

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