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Closing Bell: 10.26.07

Sponsored by the Financial Times.
The Dow Jones Industrial Average rose134.78, or 1%, to 13806.70. The S&P 500 added 20.88, or 1.4%, to 1535.28. The Nasdaq Composite Index shot up 53.33, or 1.9%, to 2804.19. One billion, four-hundred million shares traded hands on the New York Stock Exchange.
The Amex Broker-Dealer Index gained 3.41%, helped along by Merill Lynch's 8.52% surge. Countrywide surged even higher after it's executives held a two-and-half hour conference call to report earnings.
FT Alphaville. It's what's for breakfast.