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Around the World's Markets: New York

THE DOW rose for the third straight session, bolstered by a rebound in Latin American stocks and hopes that global leaders are serious about tackling financial turmoil. While the Dow swung in positive terrain for much of the session, the rest of the market was lacklustre, with many investors sitting on their hands, waiting to see if Federal Reserve Chairman Alan Greenspan will hint about rate cuts in his testimony to Congress today.

The Dow closed up 79.04 points at 8024.39.