U.S. & World

Stocks Surge On Mortgage Bailout Plan

Source: Timothy A. Clary/AFP/Getty Images

Stocks are opening sharply higher as investors rush to lay bets on a broad economic recovery following the weekend announcement that the U.S. government is bailing out mortgage lenders Fannie Mae and Freddie Mac.

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Meet Our Team

Kristine Kahanek

First TV Appearance: October 1990
Favorite Story: Branch Davidian Siege in Waco
Memorable Interviews: Naomi Judd, Merv Griffin