US stocks rally despite surge in unemployment, Dow +1.9% - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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US stocks rally despite surge in unemployment, Dow +1.9%

The US lost an unprecedented 20.5 million jobs last month, pushing the unemployment rate to 14.7 percent from 4.4 percent in March -- the highest since the Great Depression of the last century -- according to Labor Department data.

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