(Updates to show Nasdaq up over 3 percent in late rally) NEW YORK, Nov 26 (Reuters) - U.S. stocks extended gains on Wednesday as investors went bargain hunting in the technology and telecom sectors, and a rise in oil prices lifted energy companies, easing some concerns about the worsening global economic outlook. The Dow Jones industrial average gained 138.50 points, or 1.63 percent, to 8,617.97. The Standard & Poor's 500 Index was up 19.60 points, or 2.29 percent, to 876.99. The ...
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