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Facebook lifts Nasdaq, S&P at open; downbeat earnings weigh on Dow

Updated : January 31, 2019 09:36 PM IST

Wall Street surged on Thursday after the US central bank said it would be patient in raising rates further this year, reassuring investors concerned about tighter financial conditions crimping economic growth.
The Fed's dovish tone, along with heartening results from tech companies including Apple Inc and Facebook set the main US indexes on track for their best month in about three years.
Facebook lifts Nasdaq, S&P at open; downbeat earnings weigh on Dow

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