Auto bailout appears on track

On Wall Street, investors were jittery as talks continued, but a rise in oil prices gave energy stocks a bounce. The Dow gained 70 points to 8,761. The S&P 500 rose 10 points to 899. The Nasdaq was lifted by 18 points to 1,565. Crude oil rallied to $43.25 a barrel. Speaker: Mohamed El-Erian, CEO, PIMCO Conway Gittens reports from New York.

Reuters | December 10, 2008

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