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Dow soars 400 points after Fed move
Posted By On 11/30/2011 @ 12:08 pm In Front Page | Comments Disabled
Stocks surged Wednesday after global central banks, including the U.S. Federal Reserve, announced a coordinated effort to provide liquidity to support the global financial system and shore up the world’s economy.
The Dow Jones Industrial Average was up more than 400 points at around 11 a.m. EST. The broader S&P 500 and the Nasdaq also gained more than 3 percent.
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