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Trader Robert Innella smiles as he works on the floor of the New york Stock Exchange, Wednesday, Nov. 26, 2008. A stock market gaining confidence in the nation's financial system bolted higher Wednesday, propelling the Dow Jones industrials and Standard & Poor's 500 index to their first four-day advance since last spring.
A trader holds his head on the floor of the New York Stock Exchange November 20, 2008. U.S. stocks plunged yet again on Thursday, as a frantic flight from risk prompted by investors' deepening economic fears drove the benchmark Standard & Poor's 500 index to its lowest level since 1997 -- completing the erasure of more than a decade of stock market gains.
Traders work on the floor of the New York Stock Exchange, November 20, 2008. U.S. stocks plunged yet again on Thursday, as a frantic flight from risk prompted by investors' deepening economic fears drove the benchmark Standard & Poor's 500 index to its lowest level since 1997 -- completing the erasure of more than a decade of stock market gains.
Traders crowd the post that handles Wyeth on the floor of the New York Stock Exchange, Tuesday Nov. 18, 2008. Wyeth will replace Anheuser-Busch on the S&P 100 index. Wall Street has pulled off a rebound in another turbulent session, as investors rushed back into the market after the Standard & Poor's 500 index tested a 2003 low.
A board on the floor of the New York Stock Exchange shows the closing number for the Dow Jones Industrial Average Tuesday, Nov. 18, 2008. Wall Street has pulled off a rebound in another turbulent session, as investors rushed back into the market after the Standard & Poor's 500 index tested a 2003 low.
Deven Sharma (R), president of Standard & Poor's and Raymond McDaniel, chairman and CEO of Moody's Corporation listen to remarks by committee members as they display a quote on a screen during the House Oversight and Government Reform Committee hearing on "Credit Rating Agencies and the Financial Crisis," on Capitol Hill in Washington October 22, 2008.
(L-R) Fitch Ratings Chief Executive Stephen Joynt, Moody's Chief Executive Raymond McDaniel and Standard & Poor's President Deven Sharma are sworn in before testifying before the House Oversight and Government Reform Committee hearing on �Credit Rating Agencies and the Financial Crisis,� on Capitol Hill in Washington October 22, 2008.
Frank Raiter (L), former executive at Standard & Poor's, and Sean Egan, managing director at Egan-Jones Ratings, confer with each other before testifying before the House Oversight and Government Reform Committee hearing on Credit Rating Agencies and the Financial Crisis, on Capitol Hill in Washington October 22, 2008.
Frank Raiter (C), former executive at Standard & Poor's, listens to testimony by Sean Egan (R), managing director at Egan-Jones Ratings, before the House Oversight and Government Reform Committee hearing on Credit Rating Agencies and the Financial Crisis, on Capitol Hill in Washington October 22, 2008.
Sean Egan (R), managing director at Egan-Jones Ratings, testifies while Ex-Moody's executive Jerome Fons (L) and former Standard & Poor's executive Frank Raiter listen, before the House Oversight and Government Reform Committee hearing on Credit Rating Agencies and the Financial Crisis, on Capitol Hill in Washington October 22, 2008.
(L-R) Jerome Fons, former executive at Moody's Corporation, Frank Raiter, former executive at Standard & Poor's and Sean Egan, managing director at Egan-Jones Ratings are sworn in before testifying before the House Oversight and Government Reform Committee hearing on Credit Rating Agencies and the Financial Crisis, on Capitol Hill in Washington October 22, 2008.
WASHINGTON - OCTOBER 22: (L-R) Stephen Joynt, president and CEO of Fitch Ratings, Raymond McDaniel, chairman and CEO of Moody's Corporatio, and Deven Sharma, president of Standard & Poor's, are sworn in during a hearing before the House Oversight and Government Reform Committee on Capitol Hill October 22, 2008 in Washington, DC. The hearing was focused on credit rating agencies and the financial crisis.