Dow Up 128 on Geithner Talk

Banks rally after comments by Treasury secretary, Bank CEOs
By Nick McMaster,  Newser Staff
Posted Apr 21, 2009 3:25 PM CDT
Traders work on the floor of the New York Stock Exchange today.   (AP Photo)
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(Newser) – Stocks gained today on upbeat comments from Timothy Geithner and the CEOs of Citigroup and US Bancorp, the Wall Street Journal reports. Banks rallied after the Treasury secretary said that the “vast majority” have sufficient capital. The Dow closed up 127.83 at 7,969.56. The Nasdaq rose 35.64, settling at 1,643.85, and the S&P 500 added 17.69 to close at 850.08.