Wall Street has recently recorded a fresh gain of its stocks of about 11 percent on Monday. The surge on US stocks was due to the investors initiative to welcome fresher moves to deal with the global financial crisis after the government's bail out plan was put in place.
In Washington President George W Bush said he was confident that the challenges which faced governments trying to curb the market turmoil could be overcome.
"We can work our way through these challenges and America will continue to work closely with the other nations to co-ordinate our response to this global financial crisis," he said.
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