Markets Climb on Sweetened Bear Sterns Deal

Posted on March 24, 2008

The stock market managed a rally that has become rare of late. The sweetened JP Morgan - Bear Stern deal seemed to rally stocks.
he Dow Industrials rose 187.32 to 12,548.64. The S&P 500 gained 20.37 to 1349.88. The Nasdaq surged 68.64 to 2326.75.
News that the median home price drop of over 8% compared to a year ago didn't keep stocks from climbing Reuters reports in the video clip below.