[…] The US stock market managed to recover losses and end the day with gains for all major stock market indices. Dow closed higher more than 350 points. Earlier today “the Dow had been off as many as 458 points, after the Labor Department’s weekly report on new jobless claims showed another 2.981 million individuals filed for first-time unemployment benefits last week, or more than had been expected. In recent sessions, stocks have retraced prior gains, amid a rising chorus of warnings from economists and officials over the outlook for the virus-stricken economy, as well as signs of lingering tensions between the U.S. and China.” […]