A pleasant surprise

Monday was quite a surpriseas the major indexes each ended up by nearly 1.5%. The Dow industrials jumped 191.92 to 14087.55 beating the previous closing record of 14000.41 set on July 19. The rally came despite acknowledgement from two giant financial firms that their earnings will take large hits from the credit crunch. Citigroup warned that it expects its third-quarter net to slump 60% from a year ago, while UBS said it will report its first quarterly loss in nine years. Even Crude-oil prices fell $1.42 to $80.24 a barrel, but is still up 31% on the year. I wonder if this gain will stick? DJIA +191.92 Nasdaq +39.49 S&P 500 + 20.29