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first_img KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory Shares are back to 2008 level More From Our Partners Connecticut man dies after crashing Harley into live bearnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com whatsapp Friday 5 November 2010 12:44 am Sharecenter_img GLOBAL stock markets surged yesterday to their highest level since the collapse of Lehman Brothers over two years ago, in reaction to the Federal Reserve’s decision to try and hasten the pace of the recovery by pumping $600bn (£372.69bn) of fresh funds into the US economy.The FTSE 100 index of leading shares closed up 113.82 points or two per cent at 5,862.79 – its highest point since 9 June, 2008, while in Europe Frankfurt’s Dax rose by 1.8 per cent and Paris’s CAC-40 by almost two per cent. Wall Street followed suit with the Dow Jones industrial average jumping by 219.71 points to close at 11,434.84 – its highest level since the Lehman collapse. The Nasdaq, meanwhile, finished at its highest level since January 2008.The rally was broad-based with commodity prices rocketing, propelling gold to a record high of $1,390.76 an ounce and the price of a barrel of Brent crude oil to a six-month high of $87.80.Sterling raced to as much as $1.6299 against the dollar, a level not seen since January as investors bet the Fed’s boost could fuel inflation and devalue the greenback. “The Fed has taken a fairly aggressive stance raising confidence that Bernanke is doing everything he can to keep the US economic recovery on track,” said City Index’s Joshua Raymond. Show Comments ▼ Tags: NULL whatsapplast_img read more