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Rate-Freeze Plan Lifts Stocks

Financial companies and builders lift the markets

By Sam Gale Rosen, Newser Staff

Posted Dec 6, 2007 3:29 PM CST

(Newser) – Stocks leaped again today after the Treasury Department's plan to freeze some mortgage rates eased fears of a recession. Investors also continue to expect that the Fed will cut interest rates on Dec. 11, the Wall Street Journal reports. The Dow was up 174.93... Read full story »

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Rate-Freeze Plan Lifts Stocks

Financial companies and builders lift the markets

stock market • Fannie Mae • mortgage rate freeze

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More Newser Stories

US Stocks Soar on Fannie/Freddie Takeover

Dow up 300 early as investors bet on broader recovery

Stocks Rally Strong on Fannie, Freddie Takeover

Europe, Japan, US futures see market surge

Dow Plunges 239 Points

S&P 500 sheds 1.9%; financials lead retreat

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Markets make modest gains, led by energy sector

Stocks Take a Ride, End Up

Rally, dive, rally, wheeeee!

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