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Archive Home > 2009 > May > 09 > Confidence also rises on Wall Street, bolstered by stress tests, jobs report

Confidence also rises on Wall Street, bolstered by stress tests, jobs report

By Jack Healy / The Bulletin
May 9, 2009

Big banks need to raise billions in new capital and the economy lost 539,000 jobs last month. Grim news to some, but investors appeared not to mind.

Stock prices climbed Friday as investors seemed to endorse the results of the government’s stress tests of 19 major banks and to new....

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