Futures Rally On Budget Deal; Zipcar Rockets On Avis Buyout
Stock futures and overseas markets reacted powerfully to a stop-gap agreement hammered out by Congress to avoid tax increases and arbitrary cuts in federal spending. Dow futures powered up 218 points and were still rising. Nasdaq 100 futures plowed ahead 56.25 points and S&P 500 futures were up 27 points. The U.S. House of Representatives voted late Tuesday in support of a budget bill passed Monday by the Senate. The bill maintains a broad swath
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