DOW up 497.48 Points to close at 7,775.86

March 23, 2009 12:00:00 AM PDT
Dow Jones industrials soar 497 points on news of Treasury's bank plans, home sales rise. Wall Street investors re-ignite a two-week rally, cheering the government's plan to help banks remove bad assets from their books as well as a report showing a surprising increase in home sales.

The Dow soars 497.48 points to close at 7,775.86.

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