Monday, October 01, 2007

Dow soars as worries pass

Wall Street began the fourth quarter with a huge rally Monday, sending the Dow Jones industrial average to a record close. There appears to be a growing feeling that the worst of the credit crisis has passed. At least this week...

The Dow rose 191.92, or 1.38 percent, to 14,087.55, surpassing its closing record of 14,000.41 set in mid-July. The blue chip index rose as high as 14,115.51 to eclipse its previous intraday high of 14,021.95 set July 17.

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