The Stock Market Is Surging

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Stocks are making a big move to the upside, continuing yesterday’s big late-day surge, and a solid overnight session in Europe and Asia.

The NASDAQ is leading the way, up nearly 2%. The Dow is up 1.1%.

Other signs of risk-on: Oil is up above $70 again, gold is above $1211, and the Aussie dollar continues to surge.

Just-released new home sales for April are providing a nice lift.

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