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Dow surges 500 points in broad rally as oil prices slide: Live updates CNBCStock Market Today: Dow Jumps 500 Points; Oil Prices Slide; U.S.-Japan Prop Up Yen — Live Updates WSJStocks Join Bonds Higher as US-Iran Hopes Sink Oil: Markets Wrap Bloomberg.comWall St starts the month strong as Mideast deal hopes rise Reuters
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The U.S. Treasury Department and Federal Reserve have joined forces with their Japanese counterparts to stage a historic joint intervention to boost the Japanese yen, according to Japan's Ministry of Finance, which confirmed the move in a statement on Monday.
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The U.S. Treasury joined efforts in Tokyo to stem the yen's slide against the dollar, highlighting the broader risks posed by turmoil in Japanese markets.
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