WALL STREET SURGES AFTER BIDEN'S SURPRISE SUPER TUESDAY

(Reuters) - Wall Street surged on Wednesday, with healthcare stocks providing the biggest boost after Joe Biden overtook Bernie Sanders to become the new front-runner in the race for the Democratic presidential nomination.

The benchmark S&P 500 .SPX rose for only the second time in 10 days, taking back more than half of a nearly 3% slide in the previous session, when an emergency interest rate cut by the Federal Reserve served only to amplify concerns about the economic damage of the coronavirus outbreak.

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