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Stocks jump on revised Bear Stearns deal (AP)

Started by riky, March 24, 2008, 04:01:27 PM

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riky

Stocks jump on revised Bear Stearns deal
    (AP)

 


<p>You are not allowed to view links. Register or LoginAP - Wall Street extended its big advance Monday as investors applauded a new agreement that will give Bear Stearns Cos. shareholders five times the payout than was outlined in a JPMorgan Chase & Co. buyout deal a week ago. Investors were also pleased by a stronger-than-expected housing report. The Dow Jones industrial average jumped more than 230 points.</p><br clear="all"/>


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