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U.S. stock indexes closed sharply higher Tuesday, wiping out Monday’s ugly loss, as the Biden administration vowed to shun March 2020-style lockdowns and outlined plans to fight rising COVID-19 cases driven by the omicron variant. The Dow Jones Industrial Aveage DJIA, +1.60% rose 560 points, or 1.6%, to reach 35,504, on a preliminary basis.
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