Dow Up 240, Retakes 7K Mark

Street hits 3-day winning streak
By Nick McMaster,  Newser Staff
Posted Mar 12, 2009 3:19 PM CDT
Catherine Donnelly, left, of NYSE Euronext talks to a Banc of America specialist on the floor of the New York Stock Exchange, Thursday, March 12, 2009 in New York.   (AP Photo/Henny Ray Abrams)
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(Newser) – Stocks rose steadily after a morning dip today, with the Dow closing back over 7,000 points, MarketWatch reports. Bank of America and General Motors shot up 18.2% and 14.5%, respectively, after each announced they don’t expect to ask the government for more bailout cash. The Dow ended up 239.66 at 7,170.06. The Nasdaq rose 54.46, settling at 1,426.10; the S&P 500 closed up 29.38 at 750.74.