Stocks climb to their best levels of the session. All ten of the major economic sectors are sporting gains of 5% or more.
The session's advance, thus far, has given the Dow its largest
single-session point advance in history. 28 of its 30 components are
trading higher.
JPMorgan Chase (JPM 40.88, -0.76) and General Electric (GE 21.21,
-0.29) are the only two companies listed in the Dow Jones Industrial
Average failing to participate in the session's rally. Reuters
reported earlier today that General Electric considered a bank charter
that would give it access to government lending channels. General
Electric remains one of the few corporations to hold a AAA credit
rating.