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Stock markets climb in early trading

Stocks bounced higher right out of the gate Monday morning after two weeks of brutal trading that have wiped out trillions of dollars in market value. The Dow Jones industrial average climbed more than 300 points, or 1.2 percent, when the markets opened. The broader Standard & Poor’s 500-stock index and the tech-heavy Nasdaq were both up more than 1 percent. US investors have been torn between enthusiasm for the massive tax cut passed by Congress last year that could provide a huge stimulus to an economy already at full employment and growing fears that interest rates will jump as the federal government borrows massive amounts to cover its growing deficits. The mood of traders this week could hinge on the expected release of Presid ...