Stock markets await details of US banking rescue plan

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Stock markets await details of US banking rescue plan

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10-14-2008, 01:50 PM

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Stock markets await details of US banking rescue plan

Shares on the FTSE 100 rose by 5.5% in morning trading today, adding to the rise yesterday following the £37 billion banking rescue plan announced by the Government.Across the Atlantic, the Dow Jones industrial average closed yesterday up 936 points after it lost 20% of its value on Friday, suffering its largest weekly fall since [...]

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