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Stocks dazzled by rate hopes

November 28, 2007

The Dow surged 331 points to 13,289. The S&P 500 rallied 40 points to 1,469. The Nasdaq rallied 82 points to 2,662. Crude oil prices saw their biggest drop in months.Speaker: Alec Young, equity strategist, Standard & Poor's.Conway G. Gittens reports from New York.