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Market Update : 
Financials Lift Dow and S&P 500
Author: 123jump.com Staff
123jump.com
Last Update: 4:33 PM EDT April 24 2008

U.S. stock averages advanced after a steady rise in financials and insurance stocks. Merrill Lynch surged 10% after it said that it will not cut dividend. Credit Suisse edged 5% higher after it swung to $2.2 billion loss and said that for now it may not need to raise capital. Stocks of T. Rowe Price and Aflac gained on better than expected earnings.

 

 

 
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