Dow Closes Up More Than 330 Points; Fed Cut Fuels Rally
Dow Closes Up More Than 330 Points; Fed Cut Fuels Rally
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A jubilant Wall Street barreled higher Tuesday after the Federal Reserve cut its benchmark rate by a larger-than-expected half point. The Dow Jones industrial average surged more than 330 points after the Fed's decision -- its biggest jump in five years. |
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News entry number 2362 added on Sep 19, 2007 in the Business News category.
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