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Pastimes : Closing Bell

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To: current trend who wrote (14)4/18/2000 11:01:00 PM
From: current trend   of 15
 
The Nasdaq, once again proving itself utterly unpredictable, put in a second straight day of record gains on Tuesday, eradicating Friday's huge losses and posting the single largest one-day point gain ever.

The Nasdaq composite index leaped a whopping 7.19 percent, or 254 points, to close at 3793.57.

Nasdaq's performance was, in part, a spill-over from the relief rally that kicked in on Monday after the index plunged a harrowing 11 percent on Friday and ended the week with a 25 percent loss, the sharpest ever for a major U.S. market index.
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