Stocks leap on economy and jobs news

Wall Street soared higher today after a better-than-expected reading on the gross domestic product and a drop in jobless claims gave investors some reassurance that the economy is holding up.

Stocks leap on economy and jobs news
Thu, 28 Aug, 2008 - 23:06

Wall Street soared higher today after a better-than-expected reading on the gross domestic product and a drop in jobless claims gave investors some reassurance that the economy is holding up.

The Dow Jones industrial average jumped more than 200 points.

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