NEW YORK-- A rally erupts on Wall Street as some analysts say the worst of the credit crisis may be over. The Dow industrials climbed 261.66, or 2.2%, to 12361.32, leaving the blue-chip indicator higher by 3.4% at the end of a volatile week. Shares of banks and brokerages surged, including gains of more than 10% for Citigroup and Merrill Lynch. Oil and gold prices continued to decline!
Thursday, March 20, 2008
Dow "Roars" back with 261 points!
NEW YORK-- A rally erupts on Wall Street as some analysts say the worst of the credit crisis may be over. The Dow industrials climbed 261.66, or 2.2%, to 12361.32, leaving the blue-chip indicator higher by 3.4% at the end of a volatile week. Shares of banks and brokerages surged, including gains of more than 10% for Citigroup and Merrill Lynch. Oil and gold prices continued to decline!
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