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Markets post modest gains

Associated Press
Published March 6, 2008


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Wall Street managed a moderate gain in an erratic session Wednesday as investors sorted through a downbeat Federal Reserve assessment of the economy and also were disappointed by a plan to bail out troubled bond insurer Ambac Financial Group Inc. The Dow Jones industrials, S&P 500 stock index and Nasdaq all posted gains for the day. But investors remain nervous about how the fallout from the global credit crisis will hurt financial firms.

[Last modified March 5, 2008, 23:58:52]


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