Jumat, 21 November 2008

Stocks Up Looking Forward to Obama Announcement of Treasury Secretary & Econ Team

Whew! No Black Friday. After two disastrous days (and many weeks now), stocks ended up 500 points in a late afternoon surge to close at 8046.42. The drop was 5.3% for the week due to renewed concerns about the global economic slowdown and the fate of major firms saddled with bad credit bets, such as Citigroup, which lost another 20% of its value.Many are attributing the optimistic rise to the "

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