Stocks gain for second day erasing all losses from Monday’s selloff

  • Stocks gain for second day erasing all losses from Monday's selloff

    U.S. stocks have now recouped all the losses from Monday's COVID-19 induced selloff. Financials and energy names were among the stronger performers as oil moved back above the $70 per barrel level. In stock news, Applied Materials and Nvidia led the Nasdaq, while Boeing and Chevron aided the Dow. Elsewhere, Netflix slipped after posting disappointing subscriber growth.

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