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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