US stocks rose for the first time in three days after a trade group loosened restrictions on Fannie Mae and Freddie Mac to help revive the mortgage industry.
The S&P500 added 7.1 points, or 0.6 percent, to 1,292.93. The Dow Jones Industrial Average increased 82.97, or 0.7 percent, to 11,615.93. The Nasdaq Composite Index added 25.05, or 1 percent, to 2,453.67.
(Bloomberg.com)
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