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US stocks roar toward their best day since May as Dow surges 1,000 points and bitcoin stops plunging

The U.S. stock market is roaring back as Wall Street recovers much of its losses from earlier in the week. The S&P 500 jumped 1.7% Friday and was heading for its best day since May. The Dow Jones Industrial Average soared 1,102 points and topped the 50,000 level for the first time, while the Nasd…