US stock market surging big today: What’s fueling Dow Jones, S&P 500 and Nasdaq gains right now? Amazon, Nvidia and Magnificent Seven stocks power rally

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The Dow Jones Industrial Average jumped 120 points to 49,515, while the S&P 500 rose 0.57% to 6,900 and the Nasdaq surged 0.85% to 22,875 in a strong US stock market rally today. Investors reacted to …