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Stocks get big boost from Bank of Japan
Stocks get big boost from Bank of Japan

Stocks in the U.S. and across the globe rose sharply Friday after the Bank of Japan unexpectedly announced a new stimulus package to boost the country's struggling economy. Japan's stock market jumped 4.8 percent to reach its highest level since 2007. KEEPING SCORE: The Dow Jones industrial average rose 137 points, or 0.8 percent, to 17,330 as of 10:03 a.m. Eastern time. The Standard & Poor's 500 index rose 14 points, or 0.7 percent, to 2,009 and the Nasdaq composite rose 54 points, or 1.2 percent, to 4,620. KONNICHIWA! The Bank of Japan surprised investors by announcing it would increase its bond and asset purchases by between 10 trillion yen and 20 trillion yen ($90.7...

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