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  • Stocks jump; Dow notches best gain in 2 weeks (As the Earth spins and spins..)

    08/23/2011 2:58:50 PM PDT · by NormsRevenge · 6 replies
    Yahoo ^ | 8/23/11 | Matthew Craft - AP
    NEW YORK (AP) -- Stocks posted their biggest jump in nearly two weeks on Tuesday. Investors picked up cheaply priced stocks after fears that the U.S. would slip into a recession pounded the market over the last month. The Dow jumped 322 points, its best day since Aug. 11, when it gained 423. The Dow dipped about 60 points shortly after an earthquake hit the East Coast at 1:51 p.m., but recovered within 20 minutes and soared even higher in the afternoon. James Paulsen, chief investment strategist at Wells Capital Management, said the beating stocks have taken since late July...