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  • Stocks surge on bold Fed action

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Stocks surge on bold Fed action

The Dow jumped 359 points, or 4.2 percent, to 8,924. The S&P 500 rallied 44 points, or 5.1 percent, to 913. The Nasdaq gained 81 points, or 5.4 percent, to 1,589. Crude oil prices fell to $43.60 a barrel. Speaker: Fred Dickson, chief market strategist, D.A. Davidson Conway Gittens reports from New York.

Reuters | December 16, 2008Watch more videos from Reuters

Tags:. .electronics. .worrisome. .soundbite. .reinvigorating. .stimulate











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