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09/14/08
Stocks climb amid optimism over bailout of mortgage giants
Filed under: General, Business, Mortgages
Posted by: Lillian Wong @ 2:00 pm

NEW YORK - Stocks rallied Monday as investors placed bets that a recovery in the financial and housing sectors is more likely to occur following the U.S. government’s move to bail out mortgage giants Fannie Mae and Freddie Mac. The Dow Jones industrials gained nearly 300 points.  more…

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