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Britain's bombed out stocks staged a dramatic recovery yesterday, with £70.5bn added to the value of blue-chip firms, after Pfizer declared it has developed an effective vaccine against
Covid-19. On Wall Street, the Dow Jones Industrial Average jumped 4.8 per cent, or 1,354.27 points, to a record high of 29,677.67. Gold - seen as a safe investment in times of crisis - fell
5 per cent.