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Wall Street Back in Rally Mode After Sharp Losses Last Week

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    FBN’s Robert Gray breaks down the day in the markets.

  • Duration 0:52
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I'm Robert -- -- Fox Business brief after sharp losses last week Wall Street back in a rally mode today picked up to closing bell the Dow is up 272.

Point two and a half percent on the day.

For Dominique Strauss-Kahn is asking a judge to dismiss the civil lawsuit against him the suit was filed by the hotel maid who -- Strauss-Kahn of sexual assault.

The former IMF -- says under international law He was immune from such a suit.

Criminal charges were brought against Strauss-Kahn inmate prosecutors dropped those charges after losing faith in the credibility of the key witness.

An accounting firm Deloitte and -- is being sued for more than seven and a half billion dollars.

The -- charges the accounting firm -- failing to catch failed audits and allegedly led to the demise of a mortgage company Taylor bean and Whitaker.

And the fraud also led to the collapse of an Alabama based bank colonial bank that is the latest from Fox Business giving it -- power to --