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Stocks take off after leaders 'seem to get the severity' of crisis
World stock markets staged spectacular gains Monday as governments pumped billions of dollars into markets crippled by the credit crunch, coaxing newly confident investors into buying shares. Wall Street skyrocketed at the opening, with the Dow Jones Industrial Average 6.19 percent in positive territory at 8,974.56 by mid-day.Posted by: Fred 2008-10-14 |
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