How the major market indexes fared (AP)

Posted by admin on January 29, 2009 under News | 3 Comments to Read

How the major market indexes fared (AP)

Traders work on the floor of the New York Stock Exchange, January 26, 2009. (Shannon Stapleton/Reuters)AP – Financial stocks led Wall Street sharply higher Wednesday on investor hopes the Obama administration will create banks to absorb the bad assets weighing down the financial system. The Standard & Poor’s 500 index, a benchmark for the overall stock market, completed its first four-day rally since late November.


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