Tuesday, March 10, 2009

Dow Jones has best day of the year

Some positive news today! The Dow Jones Industrial Average rose 379.44 points, or 5.8%, to 6926.49, closing at its high for the day and recording its biggest point and percentage gains since late November. The market seems to have been responding to reports from Citigroup, which jumped 38% after stating it was profitable in the first two months of the year. This is some of the first positive news to come from the banking industry in some time, and I'm glad to hear it.

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