(Reuters) - Investors, recently prone to bouts of risk aversion on
concerns about a flagging U.S. housing scene and deepening
troubles in credit markets, swallowed their fears and bought
stocks as quickly as they could.
By the time the closing bell rang, the Dow Jones
industrial average had surged 284 points -- its biggest
daily point gain since a 378-point rise on Oct. 15, 2002 --
day No. 4 of the current bull market. It notched another
record high close at 13,861.73, and all 30 stocks in the Dow
rose on the day.
Read more at Reuters.com Bonds News
concerns about a flagging U.S. housing scene and deepening
troubles in credit markets, swallowed their fears and bought
stocks as quickly as they could.
By the time the closing bell rang, the Dow Jones
industrial average had surged 284 points -- its biggest
daily point gain since a 378-point rise on Oct. 15, 2002 --
day No. 4 of the current bull market. It notched another
record high close at 13,861.73, and all 30 stocks in the Dow
rose on the day.
Read more at Reuters.com Bonds News
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