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The Boston Globe

Business

Post-election slump ends, at least for now

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The market finally shook its post-election slump. Investors seized on hopes Washington will forge a deal on the federal budget; stocks had their biggest gain in two months. Since President Obama and a divided Congress were returned to power Nov. 6, the Dow had fallen six out of eight days and slid 650 points as Wall Street worried about the fiscal cliff.

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