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Bailout Rally Tails Off Late

Persistent worries about the non-financial economy temper gains

By Nick McMaster,  Newser Staff

Posted Sep 8, 2008 3:38 PM CDT

(Newser) – US stocks rallied as traders bet the bailout of Fannie Mae and Freddie Mac would help the economy recover, but lost some of those gains—with the Nasdaq even flirting with losses—as the day wore on, MarketWatch reports. Nonetheless, the Dow gained 289.78,...   Read full story »

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