Market Report

From CNN:

Stocks surged today, recharging the rally after the Treasury's plan to buy up billions in bad bank assets and a better-than-expected existing home sales report raised hopes that the economy is stabilizing. The Dow Jones industrial average gained 497 points, or 6.8 percent, according to early tallies, posting its biggest one-day point gain since November, CNNMoney.com reports

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Captain Obvious with the obvious assist