Mortgage bailout inspires Wall St.

(02:31) Report

Sep 8 - Investors went on the biggest stock buying spree in a month as the government bailout of Fannie Mae and Freddie Mac offered hope the credit crisis will ease.

  • The Dow ended with a 289-point rally to 11,510.
  • The S&P 500 gained 25 points to 1,267.
  • The Nasdaq jumped 13 points to 2,269.
  • Crude oil prices rose 11 cents to $106.34 a barrel.

    Conway Gittens reports.

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