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  • Dow leaps 286 points, best day of the year

    MATTHEW CRAFT, AP Business Writer

    NEW YORK (AP) — The Dow Jones industrial average surged 286 points, its best day this year. AP Photo/Richard Drew Anthony Riccio works with fellow traders on the floor of the New York Stock Exchange . The Dow jumped 2.4 percent to close Wednesday at 12,415. The gain turned the index positive for the year and erased a 275-point plunge set off by a dismal U.S. jobs report last Friday. Hope that Europe would help ease the region's debt crisis helped launch the rally. A news report said European officials were moving quickly t...

  • U.S .stocks mixed after brutal week of selling


    Stocks have closed a brutal week on a quiet note. The market rose slightly Friday after bouncing between gains and losses. Worries about the economy again pounded copper, gold and other commodities. AP Photo/Mark Lennihan Working for Barclays Capitalare Vincent Folds, left, William Bott, center, and James Maguire, right, at the New York Stock Exchange, Friday, in New York. Investors fear that a global recession may already be under way. The Dow Jones industrial average rose 38 points, or 0.4 percent, to 10,771. The Dow fell...