Wall Street surge provides relief to battered stock markets

An assurance from a White House official that Fed chair Jerome Powell's job was not in jeopardy cheered markets

Traders work on the floor at the New York Stock Exchange in New York City, the US. Picture:  REUTERS/BRENDAN MCDERMID
Traders work on the floor at the New York Stock Exchange in New York City, the US. Picture:  REUTERS/BRENDAN MCDERMID

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