Biggest market surge ever?
We are watching it right now.
Maybe the world is not ending after all?
NEW YORK (AP) - Wall Street extended a huge rally Friday as investors stormed back into the market, relieved that the government plans to rescue banks from billions of dollars in bad debt. The Dow Jones industrials rose more than 375 points, giving them a massive gain of more than 785 points over two days, and Treasurys fell as money flowed into equities.
A new ban on short selling, or placing bets that a stock will fall, was likely adding to the market's gains.