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Dow rises by 889 points as investors seek out bargains

New York�s Dow Jones Industrial Average rocketed by nearly 11%, hurdling the 9000-point mark on hopes of cuts in interest rates in the US and elsewhere and buoyed by bargain-hunting.

New York's Dow Jones Industrial Average rocketed by nearly 11%, hurdling the 9000-point mark on hopes of cuts in interest rates in the US and elsewhere and buoyed by bargain-hunting.