Friday, April 10, 2009

US Stocks Surge

US Stocks surged on Thursday 9 April, 2009 on banking giant Wells Fargo's projected RECORD 1st quarter profit that spurred hopes of recovery in the financial sector.

The Dow Jones Industrial Average shot up 163.51 points to close at 8,000 points, the psychological level. The tech-heavy Nasdaq composite rose 43.54 points to close at 1,634 and Standard & Poor's 500 Index rose 20.36 points to close at 845.52 points.

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