US stocks surge 370 points

Wall Street extended a huge rally today as investors stormed back into the market, relieved that the government plans to restore calm to the financial system by rescuing banks from billions of dollars in bad debt.

US stocks surge 370 points
Fri, 19 Sep, 2008 - 22:51

Wall Street extended a huge rally today as investors stormed back into the market, relieved that the government plans to restore calm to the financial system by rescuing banks from billions of dollars in bad debt.

The Dow Jones industrials rose about 370 points, giving them a massive gain of about 780 over two days, and Treasurys fell as money flowed into equities.

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