Nasdaq up 7.07% / Dow up 5.80% / S&P 500 up 6.37%

The markets skyrocketed today, the largest gain of the year. This on news that Citigroup earned profits during the first two months of 2009. As mentioned in the head line; Nasdaq up 7.07%, Dow up 5.80%, S&P 500 up 6.37%.

This good news follows a day where it was announced that global financial assets lost $50 Trillion (http://www.bloomberg.com/apps/news?pid=20601087&sid=aZ1kcJ7y3LDM&refer=worldwide).



http://www.bloomberg.com/markets/index.html?Intro=intro_markets

"Market Snapshot

DJIA 6,926.49 379.44 5.80%
Nasdaq 1,358.28 89.64 7.07%
S&P 500 719.60 43.07 6.37%
S&P/TSX 7,880.41 313.47 4.14%"


More at http://finance.yahoo.com/news/Dow-ends-up-nearly-380-on-apf-14598309.html, http://online.wsj.com/article/SB123668017809981927.html?mod=article-outset-box, and http://www.ft.com/cms/s/0/ae018b70-0d8a-11de-8914-0000779fd2ac.html.