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U.S. Stocks Climb, Following Surge in Chinese Markets

U.S. stocks jumped Monday following the holiday weekend, lifted by shares of everything from medical technology companies to banks.

Global stocks have rallied to start the week, with China’s Shanghai Composite Index soaring 5.7% to its highest level since early 2018. That was even as data continued to point to a rise in coronavirus cases in the U.S., which some investors have worried might force officials to further delay reopening plans across the country.

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