Friday, November 5, 2004

Bush agenda, oil revive markets



The Associated Press

NEW YORK - Wall Street bounded higher for the second straight day Thursday as investors reveled in sharply falling oil prices and the pro-business agenda of the second Bush administration. The Dow Jones industrials gained more than 177 points for its best day of 2004, while the S&P 500 closed at its highest level since early 2002.

The Dow Jones industrial average rose 177.71, or 1.75 percent, to 10,314.76, adding to a 101-point gain on Wednesday. It was the biggest one-day point gain for the Dow since Oct. 1, 2003, and its best close since Sept. 14.




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