Stocks stage huge rally after Geithner's toxic asset plan

Updated

Between the Treasury Department's plan to rid banks of toxic assets and a big month-over-month surge in exisitng-home sales in February, investors clearly found much to celebrate in today's news. And their revelry sent stocks through the roof: The Dow Jones Industrial Average soared 497 points, or 6.8 percent, to 7,776.

With bank stocks in the lead, the Dow has risen more than 17 percent since hitting its lowest point in more than a decade on March 9.

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