Filed under: Economics
We are through the looking glass, people.
Traders erupted into cheers on the floor of the New York Stock Exchange as the Dow Jones Industrial Average jumped 617 points from its low of the day after Senator Charles Schumer proposed a new agency to pump capital into financial companies. The Standard & Poor’s 500 Index climbed 4.3 percent as 68 companies in the gauge rose more than 10 percent.
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