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While the subprime mortgage industry was on investors' minds this week, the rise in the Chinese stock market, as well as a carefully worded FOMC statement went a long way toward easing fears.

On Wednesday, the Fed basically walked the line, leaving room for a possible rate cut, but maintaining vigilance in terms of inflation helping the market to rally as some more of the previous three weeks' volatility lessened a bit.

The Dow ended the week with a five-session winning streak, as Friday saw the index add 19.87 points to finish the week up 3.1%. The S&P 500 added 1.57 points, rising 3.6% for the week, and the Nasdaq Composite tacked on 4.44 points to close up 3.5%. ...