The Dow Jones Industrial Average surged more than 900 points at its session high and remained on track for its biggest one-day percentage jump since June 2020 as equities kicked off the new month and quarter with a sharp bounce. The Dow remained up 890 points, or 3.1%, which would be its largest percentage rise since June 5, 2020. The S&P 500 was up 3%, which would be its biggest rise since June 24, 2022. The Nasdaq Composite was up 2.8%. All three major indexes ended Friday at levels last seen in 2020, capping a brutal monthly and quarterly performance.
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