The S&P 500 was up 0.5% in afternoon trading after rallying back from an early loss of 1.1%. It’s had a pattern this week of opening with sharp drops only to finish the day higher. The Dow Jones Industrial Average was up 154 points, or 0.4%, after erasing an initial fall of 360 points, and the Nasdaq composite was 0.9% higher, as of 12:43 p.m. Eastern time.
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