Tuesday’s Market Recap: Stocks Rally On Second Last Trading Day Of 2008
Posted on December 30, 2008 at 21:00 PM EST
Wall Street rallied on the second to last trading day of the year as the financing arm for General Motors Corp. (GM), GMAC, was given a $5 billion loan from the government. The three major U.S. indices ended the day higher. The Dow Jones industrial average (^DJI) added 2.17% and closed with 8,668 ...