Stocks soar after Fed's rate cut
Stocks soar after Fed's rate cut
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A jubilant Wall Street barreled higher today after the Federal Reserve cut its benchmark interest rate by a larger-than-expected half a percentage point. The Dow Jones industrial average surged more than 250 points after the Fed announced its move. |
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News entry number 2439 added on Sep 19, 2007 in the Business News category.
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