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Back to To the Point

To the Point

Markets Rally in Wake of Global Plan to Save Banks

Friday ended the worst week in Wall Street history with eight days of decline and wild gyrations that had investors scrambling. Today, the Nasdaq , the Standard & Poor's 500 and the Dow Jones Industrial Average all opened with major increases. President Bush gave credit to this weekend's meetings.

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By Warren Olney • May 12, 2014 • 1 min read

Friday ended the worst week in Wall Street history with eight days of decline and wild gyrations that had investors scrambling. Today, the Nasdaq, the Standard & Poor's 500 and the Dow Jones Industrial Average all opened with major increases. President Bush gave credit to this weekend's meetings. Sudeep Reddy is economics reporter for the Wall Street Journal.

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Warren Olney

    former KCRW broadcaster

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    Christian Bordal

    Managing Producer, Greater LA

  • KCRW placeholder

    Andrea Brody

    Senior Producer, KCRW's Life Examined and To the Point podcast

  • KCRW placeholder

    Sudeep Reddy

    Wall Street Journal

    NewsNationalPolitics
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