The Dow Jones Industrial Average rallied the most in over a month as traders cheered the revival of Wall Street’s IPO market and a decent batch of economic data.
The Dow was up for the first day in three, climbing 331.58 points, or 0.96% to 34,907.11. The 30-stock index closed above its 50-day moving average for the first time since Sept. 1. It was also the blue-chip average’s best day since Aug. 7.
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