U.S Market Update |
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- Equity markets around the world continue to snap back after more than 10B shares traded on the NYSE yesterday. Stocks surged late in yesterday's session following initial reports that government officials were considering an all inclusive RTC like approach to dealing with the crisis in US financial markets. Confidence was further bolstered by an announcement this morning that the government will create a $50B exchange stabilization fund to in effect guarantee publicly traded money market
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