US stocks up after nail-biting week (The New Zealand Herald)
Story date: 2008-03-22 09:17:02
Added on: 2008-03-22 10:28:06
Stocks in the United States jumped on Friday, capping a tumultuous week on optimism that giving Fannie Mae and Freddie Mac a bigger role in the mortgage market will ease a credit crunch that claimed Bear Stearns as victim after JP Morgan Chase & Co's cut-rate buyout.
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