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Stock Market Rally Loses Momentum Near Closing Bell

Traders react after the closing bell on the floor of the NYSE in New York

Tuesday’s stock market rally showed signs of losing momentum as the trading day neared its end. The Dow Jones Industrial Average saw a significant increase of 477 points, equivalent to a 1.2% rise, although it had previously surged by over 700 points at its peak during the session. The broader market also experienced gains, with the S&P 500 climbing by 1.6% and the tech-heavy Nasdaq Composite also rising by 1.6%.

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