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Traders are confronting probably the most unsure intervals of their lifetimes. Shares are rallying anyway.
The S&P 500 has rebounded 7.6% from its 2022 low on March 8, chopping its losses for the 12 months to about 6%—roughly half of what they had been weeks in the past. In some ways, buyers say, the rebound has been as broad because it has been spectacular, lifting every thing from journey shares to utilities to unprofitable know-how corporations.
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