Stock investors around the world cheered new government plans to rescue the global financial system. Germany's Dax Index rose 7.58% in afternoon trading, after Chancellor Angela Merkel's government said it will provide as much as €500 billion ($681) billion to keep ailing lenders afloat. The FTSE 100 gained 4.8% as the U.K. government moved ahead with its plan to inject up to £37 billion ($63 billion) in major British banks. Around 10:30 a.m. in New York, the Dow Jones Industrial average jumped 442.3 points, or 5.23%.
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