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ET (1941 GMT), the Dow Jones Industrial Average rose 531.85 points, or 1.67%, to 32,364.59, the S&P 500 gained 33.96 points, or 0.88%, to 3,909.4 and the Nasdaq Composite added 22.29 points, or 0.17%, to 13,096.11. Cohen, a major shareholder who has pushed Gametop´s move away from its brick-and-mortar model, joined the board in January shortly before a social media frenzy drove a meteoric rise in which GameStop shares surged more than 1,600%.
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Accelerated coronavirus vaccine rollouts and a monster fiscal stimulus on the horizon have raised bets on higher inflation, triggering a spike in Treasury yields that pushed the Nasdaq down as much as 12% from its Feb.
