Markets Close Sharply Higher As Investors Embrace GM's Return

November 18, 2010 1:58 PM | Permalink

General Motors made a splash with its return to the New York Stock Exchange after a government bailout saved the carmaker from insolvency nearly two years ago. The markets closed sharply higher with the Dow leaping 173 points to 11,181 while Nasdaq soared 38 points to 2514. S&P 500 climbed 18 points to 1196. The 30-year bond held steady at 4.28%.

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