Monday, October 13, 2008

Dow's biggest day

The blue chip index had its biggest one-day point gain and largest percentage gain since 1933. Governments around the world race to help rebuild the financial markets. Mitsubishi UFJ closes its deal to buy a stake in Morgan Stanley.

The Dow closed 11.1% to 9,388, its biggest percentage gain since March 15, 1933 when the index gained 15.3% and its fifth largest percentage gain ever.

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