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Dow rallies 1,294 points, most in its history
"If [the market is] priced to perfection and then something indicates that the perfection is a pipe dream, prices will come off," said Brad Cornell, emeritus professor of finance at UCLA, of last week's selloff. Prices are much more reasonable now, he added.
The Dow finished up 1,294 points, or 5.1%, making it its best one-day point gain on record. On a percentage basis, Monday was its best day since March 2009.
