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31

Aug

US stocks cheer Bernanke, Bush relief (AFP)

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Federal Reserve chief Ben Bernanke, seen here in February 2007 said, in a speech at a Fed retreat in Wyoming, that the central bank was ready to act "as needed to provide liquidity and promote the orderly functioning of markets."(AFP/File/Karen Bleier)AFP - US stocks rallied Friday as investors welcomed Federal Reserve chairman Ben Bernanke's pledge to limit credit woes and President George W. Bush unveiled aid for distressed home buyers.

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