Thursday, January 31, 2008

Dow jumps 177 on rate-cut hopes

Investors see the Fed cutting key rates on Wednesday and push financial stocks higher. The Dow is now up 6.5% in less than a week. McDonald's slumps on concerns about flat U.S. sales. New-home sales tumble, but home-building stocks jump. Gold hits a new high.

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[Source: MSN Money Latest Articles]

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