The New York Times reports that the stock market is up for the second day in a row after global intervention this past weekend and the announcement that the U.S. Government plans to inject $250 billion into the largest banks by purchasing equity stakes in an effort to encourage banks to resume lending practices.
As evidenced in an article in the Wall Street Journal, the Dow rose by a record-breaking 936 points yesterday, boosting morale and confidence in both the U.S. and international financial markets.