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[Reuters] Wall St surges on hopes of easing credit crunch
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TTHQ Staff
, Mar 20 2008 05:23 PM
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Posted 20 March 2008 - 05:23 PM
NEW YORK (Reuters) - Stocks jumped on Thursday, capping a tumultuous week, on optimism that giving Fannie Mae and Freddie Mac a bigger role in the mortgage market will ease a credit crunch that claimed Bear Stearns as its biggest victim.
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