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Archive Home > 2009 > February > 07 > Despite job losses, markets rocket up

Despite job losses, markets rocket up


February 7, 2009

Not even the loss of 598,000 jobs could dampen Wall Street’s soaring mood on Friday. In a second day of gains, stock markets surged as investors waited for the federal government to detail its latest plans to shore up the banking system. With Friday’s rally, the major indexes....

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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.