Monday, December 8, 2008

Stocks Solidly Higher On Optimism Over Fiscal Stimulus Plan

The Dow Jones Industrial Average jumped 299 points (3.5%) to close at 8,934, the S&P 500 Index advanced 34 points (3.8%) to 910, while the Nasdaq Composite increased 62 points (4.1%) to 1,572. Crude oil rose $2.90 to $43.71 per barrel, and gold ended up $21.30 at $773.50 per ounce.

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