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US Stocks Rally Again On Financials, Crude Slide

Forex News US stocks rally for a second day, as another bellwether bank tops Street views and crude continues its prodigious slide. DJIA jumps 207.38 to 11446.66, S&P 500 rises 14.96 to 1260.32, Nasdaq Comp adds 27.45 to 2312.30. Volume's heavy. Since closing under 11000 on Tuesday, the DJIA is up about 4.4%. Financials have another red letter day, as Uncle Sam's squeezing the shorts right out of the market and JPMorgan tops Street views, although earnings fall 53% from last year. Crude's down 11% over the past three days, and slips under $130/barrel today.



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