Wall Street stocks soar, Dow gains 936 points

CTV.ca News Staff Wall Street bounced back Monday from a week of falling stocks, after North American and European leaders agreed on plans to tackle the worldwide credit crisis. The Dow Jones rose a record-breaking 936 points. The previous record for a one-day point gain was 499 points during the dot-com boom of 2000. After the closing bell rang, the Dow Jones industrial average had climbed up 936.42 points to finish at 9,387.61. Last week, it lost nearly 2,400 points over eight sessions. The NASDAQ was also 194.74 points higher at 1,844.25 and other world markets bounced back, too. Analysts said U.S. stocks were headed for the biggest single-day percentage gain in at least two decades. Toronto's stock exchange was closed Monday because of the Thanksgiving holiday. The rebound occurred as American and European leaders... [read full story]                    

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