Posted AT 4:18 PM EST on 13/10/08
U.S. Treasury, Fed consider market stabilization package
WASHINGTON — Stocks surged on Wall Street and around the world for the first time in days Monday as the U.S. said it plans to swiftly implement a broad financial rescue package and Europe put almost $2-trillion (U.S.) on the line to break the lending logjam threatening the world's economy.
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