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US Stocks: S&P records best day in 9 months: What's behind the surge in US stocks and does it impact India? - Vimarsana News

US Stocks: S&P records best day in 9 months: What's behind the surge in US stocks and does it impact India?

Updated Mar 02, 2021 | 17:55 IST On March 1, the benchmark S&P 500 saw a 2.4 per cent gain while the Dow Jones Industrial Average also rose by nearly 2 per cent. Representational image.  |  Photo Credit: iStock Images Key Highlights There is an array of factors that may have contributed to the buoying of stock indices but the US granting approval to the much-awaited single-dose Johnson&Johnson vaccine may have had some part to play It's likely that one of the chief reasons for the rebound in US stocks was the tapering of government-bond yield rates Typicall...