Stocks soar after government bailout of Citigroup (AP)
Monday, November 24, 2008 22:53Posted in category embroidery
AP - Wall Street barreled higher Monday for the second straight session, this time in a relief rally over the government’s plan to bail out Citigroup Inc. a move it hopes will help quiet some of the uncertainty hounding the financial sector and the overall economy. The Dow Jones industrials soared nearly 400 points and the major indexes all jumped more than 4.5 percent.
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