Wall Street rallies on China's stimulus, new AIG bailout
11 Nov 2008 1:56 AMUS stocks have rallied in opening trade .. as investors welcomed a whopping 586-billion-dollar economic stimulus package by China .. and an enlarged US government bailout for insurer AIG.
The Dow Jones Industrial Average surged 172.04 points .. or 1.92 percent ..to 9,115.85 in opening trade .. and the tech-heavy Nasdaq advanced 26.04 points .. or 1.58 percent .. to 1,673.44.
The broad Standard and Poor's 500 index climbed 17.55 points .. or 1.89 percent .. to 948.54.
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