17 May 2001, 09:37  U.S. stocks staged a double-take rally Wednesday

U.S. stocks staged a double-take rally Wednesday, taking another look at Wednesday's Fed rate cut and the morning's Consumer Price Index and then jumping much higher on heavy volume. The Nasdaq rose 3.9%, rising 80.86 points to 2,166.44 while the Dow industrials were almost equally impressive, up 2.8% -- at 300.79 point run to 11,215.92. The finish well above 11K

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