Dow Comes Back With Vengeance

Investors grabbing hold of government lifelines pulled the stock market up 900 points.

Monday, October 13th 2008, 9:43 pm

By: News On 6


News On 6

TULSA, OK -- After eight-straight-days of drops, the Dow came back with a vengeance, posting its biggest one-day gain in history.

Investors grabbing hold of government lifelines pulled the stock market up 900 points.

"Certainly feels good, we've been coming into work lately dragging in like we are going to the executioner's chair," said NYSE Floor Trader Bernie McSherry.

The United States government is pledging to follow Europe's lead by buying into the country's biggest banks.

The move will infuse the banks with cash, and unfreeze the country's credit.

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