Archive for September 30th, 2008

Dow Rises 485 Points a Day After 777-Point Fall

Dow Rises 485 Points a Day After 777-Point Fall
Stocks staged a broad recovery on Tuesday after Monday’s big
sell-off. The Dow Jones industrials gained 485 points, more
than halving the 777-point decline on Monday.
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Stock rally speeds up

Investors bet that a bailout plan can be passed later this week. Dow jumps 400 points.
By Alexandra Twin, CNNMoney.com senior writer
Last Updated: September 30, 2008: 2:39 PM ET
NEW YORK (CNNMoney.com) — Stocks rallied Tuesday afternoon as investors scooped up shares battered in the bloodletting that followed Congress’ failure to pass a $700 billion bank rescue [...]

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