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Bernanke Boosts US Stocks
Friday, August 31 16:34:33
U.S. stocks rose further this afternoon, with the Dow climbing more than 1 percent after U.S. Federal Reserve Chairman Ben Bernanke signaled the central bank stood ready to bolster the economy if needed. The Dow Jones industrial average gained 142.61 points, or 1.10 percent, to 13,143.32. The Standard and Poor's 500 Index rose 12.53 points, or 0.90 percent, to 1,412.01. The Nasdaq Composite Index climbed 26.02 points, or 0.85 percent, to 3,074.73.
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