U.S. stock rally fuels Dow to 8th-biggest point leap ever

Date: Tue, 01 Apr 2008 21:06:03 (GMT)

U.S. stock rally fuels Dow to 8th-biggest point leap ever

U.S. stocks extend gains into a second day, with Dow logging its
8th-biggest point jump ever, after a separate offerings of fresh equity
from Lehman Brothers and UBS draw warm receptions.

Double-digit declines rattle top automakers
Ford, General Motors, Toyota and other auto majors all see their March
sales fall by double-digit percentages.

Sprint unveils touchscreen device that could rival iPhone

Long seen as a laggard when it comes to new wireless phones, Sprint
Nextel Corp. unveils what could be the strongest challenger yet to the
popular Apple iPhone.

Futures Movers: Crude falls modestly to end below $101 a barrel

Crude-oil futures fall modestly to end below $101 a barrel, in line with
weakness in other commodities, as gains in the U.S. dollar weigh.

On China's Web, Microsoft is on the outside looking in

SAN FRANCISCO
While China is considered to be one of the world's most promising
Internet markets, Microsoft Corp. has struggled to establish a strong
position in the region as it deals with both internal and external
pressures.