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Reuters: Detailed bank plan propels Wall Street higher

Started by chris, March 23, 2009, 06:59:13 PM

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chris

Detailed bank plan propels Wall Street higher
      
   
      


NEW YORK (Reuters) - U.S. stocks jumped more than 4 percent on Monday after long-awaited details from the Obama administration on its plan to remove distressed assets from bank balance sheets fueled optimism it will spark a revival in lending, driving up financial shares.<div class="feedflare">
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