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Eyes on DC, Stocks Lift at Bell

GE's cut estimates can't keep market down

By Kevin Spak,  Newser Staff

Posted Sep 25, 2008 8:55 AM CDT

(Newser) – An estimate cut from GE couldn’t keep the markets down this morning, as bailout optimism drove the Dow up 88 points, with the Nasdaq and S&P each raising 0.7%, the Wall Street Journal reports. GE slumped 4% premarket after cutting its third-quarter...   Read full story »

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