By 11:15 a.m. the Dow Jones Industrial Average was higher by more than 255 points or 3.5 percent, climbing over the 8,000 mark for the first time since February.
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Dow climbs more than 250 points
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Staff Writer
Commentary April 02, 2009 at 08:00 PM
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According to the Wall Street Journal, bank stocks rallied as the Financial Accounting Standards Board voted to relax fair-value accounting rules, giving auditors more flexibility in valuing illiquid assets.
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