28 July, 2012

CNN Breaking News

U.S. stocks rallied Friday, with the Dow Jones industrial average closing above the 13,000 mark for the first time since May.

Investors were hopeful that central banks in Europe and the United States will take steps to boost the global economy. For the week, the major indexes all climbed more than 1%.

Follow financial news on CNNMoney.com, and all breaking news on CNN TV, CNN.com and CNN's mobile apps.

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