> Riding hopes for a potential solution to the ongoing fiscal debacle in Washington, the major stock-market indices rallied sharply Thursday, all gaining 2% or more. Those hopes are built on a proposal by House Republicans to extend the country's borrowing limit for another six weeks, in exchange for negotiations on spending. The Dow surged 323 points, or 2.2%, to 15126, the Nasdaq Composite jumped 83, or 2.3%, to 3760, and the S&P 500 rose by 36, or 2.2%, to 1692.
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> For more on the market rally http://www.foxbusiness.com/markets/2013/10/10/bulls-are-back-fiscal-progress-ignites-broad-rally/
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> For more news, please go to FoxBusiness.com and watch the FOX Business Network.
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